Cleo Fabrics Ltd

Cleo Fabrics Ltd, based in Newquay, UK, is a small, active company founded nine years ago. With a single employee and £1,333 in assets, it’s a solo founder operation managed by two directors. The company is an irregular importer of man-made filaments and related materials, with just one month of imports recorded. Despite its small size, Cleo Fabrics Ltd operates in the retail sale via mail order houses or via internet industries.

The company's website, Moonbow Fabrics, showcases a vibrant online fabric shop specializing in jersey cotton, with a particular focus on bright, bold, and fun designs. It caters to crafters and sewists, offering a wide range of fabrics, trims, and haberdashery. The site is open Monday to Friday and emphasizes fast processing—orders are processed in 24 working days. The website also features a blog and customer makes section, highlighting the creative projects of its customers.

Financially, Cleo Fabrics Ltd is facing some challenges. Cash bank on hand has dropped significantly, falling 92% to just £330. Current assets have also decreased substantially, down 71% to £1,300. Bank borrowings have decreased by 19%, and creditors have also decreased by 19%. However, trade debtors have increased by a significant 270%, suggesting potential difficulties in collecting payments. Despite these issues, 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. The accounts are unaudited, as is typical for small companies. The company’s reliance on a single employee and the significant drop in cash reserves suggest it’s burning through money, but the continued support of the director is helping to keep the business afloat.

Registered in England/Wales under the registration number 09806681, with a registered address at TR7 3EU, United Kingdom, Newquay, Cornwall, 39 Littledale Row, Trevenson Road.

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