Concord Fabrics (uk) Limited

Concord Fabrics Uk Ltd from Maidenhead UK is a large, active company founded 26 years ago. Employing 15 people, it boasts assets of £2,167,644 and yearly revenue of £3,538,268, operating from a real address. With three directors and a solo founder, it maintains a stellar 5.0 Google rating based on four reviews. The company regularly imports and exports cotton products, with 53 months of import activity and 40 months of export activity recorded.

The company’s website showcases a vast selection of fabrics, catering to quilting, crafting, and design projects. It’s a wholesale supplier of fabrics, with a strong emphasis on designer collections and quality materials. The site features an extensive image gallery, project ideas, and a dedicated section for retailers and distributors. It appears to be primarily an online business, with no physical store mentioned.

Financially, Concord Fabrics Uk Ltd shows some concerning trends. Current assets have decreased by 23%, falling to £2,200,000, while net assets have plummeted 35%, dropping to £1,900,000. Bank borrowings have increased significantly, by 15%, reaching £29,000, and cash reserves have declined by 34%, settling at £1,000,000. On a positive note, creditors have decreased by 16%, suggesting improved debt management. The company meets the criteria for a large company, having turnover more than £36 million, balance sheet more than £18 million, and more than 250 employees. The lack of an auditor mentioned suggests it is exempt as a small company, relying on unaudited financial statements.

Overall, Concord Fabrics Uk Ltd appears to be a well-established business with a strong online presence and a reputation for quality. However, the declining assets and increasing borrowings suggest it may be facing financial pressures. The company’s ability to maintain its position in the competitive fabric market will depend on its ability to manage its finances and adapt to changing market conditions.

Registered in England/Wales under the registration number 03716257, with a registered address at SL6 7BU, England, Maidenhead, Berkshire, Unit 14 Cordwallis Business Park, Clivemont Road.

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