Alexander Manufacturing Ltd

Alexander Manufacturing Ltd, based in Perth, UK, is a small, family-run business with an active status. Founded just four years ago in 2021, it employs eighteen people and holds £154,482 in assets. The company operates from a virtual address, registered at Algo Business Centre, and is managed by two directors and two owners. It's a bit unusual, though, as twenty-five companies share the same address. Alexander Manufacturing is an irregular importer of special woven and decorative fabrics, with just one month of import activity recorded, and an irregular exporter of clothing and accessories, not knitted or crocheted, with two months of export activity.

The company’s website, alexandermanufacturing.com, highlights its commitment to quality, sustainability, and craftsmanship. It positions itself as more than just a manufacturer, offering "cocreation" services to emerging and established designers, bringing their visions to life through traditional processes. The site emphasizes collaboration and ethical production values, catering to events, hotels, and retail outlets. It’s clear they’re trying to build a story of tradition and excellence into each garment.

Financially, Alexander Manufacturing Ltd is showing some concerning trends. Current assets have fallen by a significant 63%, dropping to £150,000. Net assets have plummeted 200%, now at -£720,000, a substantial decline. Bank borrowings have surged, reaching £29,000, and cash reserves have fallen 21%, sitting at £26,000. Creditors have increased by 43%, and trade debtors have decreased by 67%. It’s worth noting that the company meets the criteria to be considered small—turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—and is exempt from an audit. The lack of an auditor means the figures are unaudited, and it’s possible the company is burning through money. The increase in bank borrowings, combined with the decrease in cash, suggests a need for additional funding or improved cash flow management.

Registered in Scotland under the registration number SC694431, with a registered address at PH2 0NJ, Scotland, Perth, Algo Business Centre, Glenearn Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.