Colour Ribbons Limited

Colour Ribbons Ltd from Halifax UK: a small holding company with an active status, was founded 41 years ago in 1984. Employing just three people, the company holds £654,379 in assets and operates from a real address. It's led by two directors and owned by one individual. Colour Ribbons Ltd runs an e-commerce site and has a respectable Google rating of 4.0 based on ten reviews. They’re a regular importer, specialising in special woven and decorative fabrics, with 14 months of import activity recorded.

The company’s website, Colour Ribbons, is a wholesale supplier of ribbons and related craft materials. They offer a huge selection – from acetate satin and grosgrain to burlap and velvet – catering to various events and occasions. The site features FAQs, contact information, and a detailed product catalog, with an emphasis on competitive pricing and fast delivery. It’s clear they’re targeting both individual crafters and larger businesses.

Financially, Colour Ribbons Ltd presents a mixed picture. Current assets have decreased slightly, dropping by 5.7% to £650,000, while net assets have increased by 9.2% to £320,000. Bank borrowings have decreased, and cash reserves have fallen by 16% to £160,000. Creditors have decreased by 16%, suggesting better debt management. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to their small size.

The company's trade debtors have decreased by 15%, which could indicate a more efficient collection process. However, other creditors have increased, and the company is reporting a significant increase in other taxation and social security payable. The company’s financial data suggests a stable, but not rapidly growing, business. It seems to be managing its debts effectively, but it’s important to monitor the increase in other creditors.

Registered in England/Wales under the registration number 01797348, with a registered address at HX3 6SN, Halifax, Holmfield House, Holdsworth Road Holmfield.

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