C.& H.fabrics Limited

C & H Fabrics Ltd, based in Chichester, UK, is a long-standing family business with a solid 92-year history. Currently employing 125 people and holding assets of £317,735, the company maintains an active trading status. Boasting a 4.0 Google rating from 44 reviews, it’s a well-regarded local operation with three directors and three owners. The business operates as an irregular importer, primarily dealing in textile products, used clothing, and rags, with its last import activity recorded one month ago in March 2016.

The company's website, Closs Hamblin, showcases a wide range of interior design services, specializing in made-to-measure curtains, blinds, shutters, and soft furnishings. It offers a comprehensive selection of fabrics from renowned brands like Laura Ashley, William Morris, and Sanderson, catering to both residential and commercial clients. The website also features a blog with interior design inspiration and a showroom locator for customers seeking personalized assistance. It's clear they are focused on providing a premium, bespoke service.

However, a closer look at the financial data reveals some concerning trends. Net assets have plummeted by a staggering 990%, reaching -£980,000. Cash reserves have also seen a dramatic decline, falling 95% to just £15,000. Bank borrowings have decreased, but creditors have risen significantly, increasing by 42%. While the company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the sharp decline in equity suggests potential financial pressures. Average employee numbers have also fallen sharply, decreasing by 39% to 76. It’s worth noting that, as a small company, the accounts are unaudited and rely on director-reported data. No auditor is mentioned.

Despite these challenges, C & H Fabrics Ltd's long history, positive Google rating, and focus on quality service indicate resilience. The company's ability to adapt to changing market conditions and maintain a loyal customer base will be crucial for its future success.

Registered in England/Wales under the registration number 00274554, with a registered address at PO19 1LP, England, Chichester, 71/72 North Street.

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