Fabians Haberdashery & Trimmings Llp

Fabians Haberdashery & Trimmings LLP, based in London, UK, is a small, active company established 14 years ago. With three employees and £170,179 in assets, it operates from a real address and is overseen by two directors and one owner. Boasting a perfect 2024 Google rating of 5.0 from 15 reviews, the business is a regular importer of miscellaneous manufactured goods, with 14 months of import activity recorded, the latest in August 2024.

The company's website showcases a wide range of haberdashery products, from fabrics and trims to buttons and fastenings. It caters to a wholesale clientele, including fabric shops, designers, schools, and alteration tailors, with a minimum order value of £25. The site highlights its extensive inventory, competitive pricing, and commitment to customer service, and even offers a glimpse into its history as a family-run business dating back to 70’s.

Financially, Fabians Haberdashery & Trimmings LLP shows some concerning trends. Current assets have decreased by 6.1% to £170,000, and net current assets liabilities have fallen by 13% to £85,000. Bank borrowings have decreased by 42%, and cash reserves have fallen by 24% to £45,000. Trade debtors have also decreased by 17%, suggesting potential difficulties in collecting payments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in assets raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Fabians Haberdashery & Trimmings LLP appears to be facing some financial headwinds, despite its strong customer reviews and established market position. Whether it can weather these challenges and continue its long-standing tradition remains to be seen.

Registered in England/Wales under the registration number OC357771, with a registered address at E1 2LY, London, Unit 110 Railway Arches, Cannon Street Road.

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