Foundry Sourcing Ltd

Foundry Sourcing Ltd, based in Altrincham, UK, is a small holding company with an active status, established four years ago. The company employs five people and holds assets valued at £1,504,264. It’s managed by four directors and has one owner, though this list isn’t exhaustive. Foundry Sourcing regularly imports clothing and accessories made by knitting or crocheting—a consistent activity over the past 141 months—and has recently started exporting headgear and accessories, with three months of export activity recorded.

The company’s website highlights Foundry Sourcing as a leader in designing and supplying bespoke apparel for brands. It emphasizes experience in supplying high-quality clothing for men, women, and children, working with clients in the sports, music, and events industries. The site showcases a focus on brand DNA, commercial solutions, and ethical sourcing, partnering with factories to ensure responsible production. It's a wholesale business, and the site doesn’s appear to be an e-commerce platform.

Financially, Foundry Sourcing Ltd shows a mixed picture. Cash bank on hand increased significantly by 150%, reaching £830,000, which is a positive sign. However, corporation tax payable jumped dramatically by 1500%, reaching £230,000, which could indicate a change in profitability or tax strategy. Creditors decreased by 34%, suggesting improved debt management, but trade debtors increased by 16%, which might indicate delayed customer payments. Equity increased by 1200%, reaching £810,000, which is a substantial improvement, although it’s important to note that the previous equity was quite low. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The financial statements are unaudited, as the company is exempt from an audit.

Registered in England/Wales under the registration number 12939713, with a registered address at WA14 1DE, England, Altrincham, Borough House, The Causeway.

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