Ds Textile Sourcing Limited

Ds Textile Sourcing Limited is a small, active company based in Bolton, UK, founded 22 years ago in 2002. It has £1,394,088 in assets and employs three people, overseen by two directors and one owner. The company operates from a real address and regularly imports clothing and accessories (not knitted or crocheted), with 37 months of import activity recorded. It also exports special woven and decorative fabrics, with a longer history of 118 months of export activity.

The company’s website details a focus on bespoke training and consultancy within the textile industry. Deborah Shulton, the founder, established Ds Textile Solutions in 2016 to provide fabric appreciation workshops aimed at apparel buying and design teams. These workshops address a gap in the market, offering commercial requirements in contrast to more technical courses. The company also provides consultancy services, fabric buying procedure creation, test report interpretation, and fabric development assistance. It's clear the company isn's a traditional e-commerce business, but rather a service provider.

Financially, Ds Textile Sourcing Limited presents a mixed picture. Current assets have increased significantly by 89%, reaching £1,400,000, while net assets decreased slightly by 3%, settling at £250,000. Bank borrowings have fallen by 29%, now at £25,000, and cash reserves have jumped dramatically by 400%, reaching £81,000. Creditors have increased by a substantial 150%, reaching £1,100,000, and debtors have risen by 160%, now at £930,000. The increase in both creditors and debtors could indicate increased business activity, but also potential cash flow challenges. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the rise in debts warrants attention. There’s no mention of an auditor, likely due to its small size, so the financial statements are unaudited.

Overall, Ds Textile Sourcing Limited appears to be a stable, service-oriented business. The growth in assets and cash reserves is encouraging, but the increase in debts suggests a need for careful financial management. The company’s focus on specialized training and consultancy positions it well within the textile industry, but its long-term success will depend on maintaining a healthy balance sheet.

Registered in England/Wales under the registration number 04619276, with a registered address at BL7 9XD, England, Bolton, 11 Pinnacle Drive, Egerton.

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