Borovick Fabrics Limited
- Small
- Active
- 53 years
- 6 employees
- £238,550 (assets)
- Virtual address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Borovick Fabrics Ltd, based in London, UK, is a small, family-run business with an active status, celebrating 53 years since its founding in 1971. The company employs six people and holds £238,550 in assets. It operates from a virtual address, registered at an address shared by 187 other companies, and is led by two directors and two owners. Borovick Fabrics regularly imports man-made filaments and related materials (13 months of import activity) and exports knitted or crocheted fabrics (13 months of export activity).
The company’s website, Borovick Fabrics, highlights a long-standing reputation built on expert service and a worldwide mail-order business. It also features a physical shop at 16 Berwick Street, London, W1F 0HP, and boasts an Instagram account. The site emphasizes its history, dating back to 1932, and offers a range of fabrics, with a focus on students and those seeking room hire.
Financially, Borovick Fabrics shows a mixed picture. Current assets have increased by 17% to £240,000, while net assets have grown by 11% to £100,000. Creditors have decreased by 13%, suggesting improved debt management. However, bank borrowings have increased by 41%, reaching £11,000, and cash reserves have fallen by 21%, sitting at £160,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in bank borrowings warrants attention. The unaudited figures, exempt as a small company, rely on director-reported data. The company’s auditor is not mentioned.
Overall, Borovick Fabrics appears to be a stable, long-standing business, but it's important to monitor its borrowing levels and ensure its financial health remains strong.
Registered in England/Wales under the registration number 01018112, with a registered address at NW11 8NA, United Kingdom, London, 843 Finchley Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Lipman Melanie
- 8 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Lipman Simon Mark
- 8 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Lipman Melanie
- 8 years
-
Resident of United Kingdom
-
Individual
- Lipman Simon Mark
- 26 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Confirmation statement made on 2025-03-23 with updatesDownload 4 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 12 pages pdf report
-
Director's details changed for Mrs Melanie Lipman on 2024-03-23Download 2 pages pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar importers
- Company names
- HS codes
- Financial data
- Officers and owners
Exporter profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar exporters
- Company names
- HS codes
- Financial data
- Officers and owners
FAQ about Borovick Fabrics Limited
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!