Ambassador Textiles Limited

Ambassador Textiles Ltd from Oldham UK: a small, active company established 52 years ago, employs 19 people, and holds £1,145,313 in assets. It’s a real address with three directors, but no owners reported, and enjoys a stellar 5.0 Google rating from 10 reviews. The company regularly imports and exports man-made filaments and related materials, with 32 months of import activity and 15 months of export activity.

The company operates as a wholesale fabric supplier, offering a diverse range of textiles for various industries. Its website showcases collections categorized by utility (upholstery, soft furnishings, curtains) and type (bamboo, eco, faux fur), alongside digital printing services and manufacturing capabilities. From a market stall on Oldham’s Tommyfield Market, Ambassador Textiles has grown into a purpose-built 18,000 sq. ft warehouse, supplying fabrics to manufacturing, upholstery, pet, nursery, and the expanding digital print market. The business prides itself on offering good quality fabrics at affordable prices, and a commitment to customer service.

Financially, Ambassador Textiles Ltd shows some interesting trends. Creditors increased by 12%, reaching £530,000, while bank borrowings surged by 2,400%, reaching £29,000. Cash reserves fell 30% to £28,000. However, net assets increased by 8.3% to £720,000, and net current assets also increased by 19%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The increase in creditors, combined with the rise in bank borrowings, suggests the company may be investing in growth, or perhaps facing some short-term cash flow challenges. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Ambassador Textiles Ltd appears to be a well-established, customer-focused business navigating the challenges and opportunities of the textile industry.

Registered in England/Wales under the registration number 01065177, with a registered address at OL1 4DR, England, Oldham, Unit A, Vulcan Point, Vulcan Street.

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