G. Dastgir Hosiery Ltd

G. Dastgir Hosiery Ltd, based in Huddersfield, UK, is a small, active company founded seven years ago in 2017. With four employees and £132,310 in assets, it operates from a real address and is led by one director and owner—a solo founder. The company regularly imports clothing and accessories made by knitting or crocheting, with 10 months of import activity recorded, the last in June 2024.

The company's website, Enic.PK, reveals a fascinating connection to a Pakistani textile factory, G. Dastgir Hosiery Factory Regd. in Faisalabad. This factory specializes in textile products and hosiery, operating from Dijkot Road and boasting a long history. The website acts as a directory for Pakistani businesses, offering contact details, photos, and even a messaging feature. It’s not immediately clear how closely the UK and Pakistani operations are linked, but both emphasize textile manufacturing and international trade.

Financially, G. Dastgir Hosiery Ltd presents a mixed picture. Current assets have decreased by 9.6% to £130,000, while net assets have fallen 5.6% to -£120,000. Cash reserves have also declined by 93% to just £2,100. Trade debtors have increased significantly, up 57%, suggesting potential delays in customer payments. On the positive side, creditors have decreased by 5.5%, indicating improved debt management. 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 remain flexible, but the decline in equity raises questions. The accounts are unaudited, and no auditor is mentioned—likely due to the company’s small size.

Overall, G. Dastgir Hosiery Ltd seems to be navigating a challenging period. The Pakistani factory, meanwhile, continues to operate as a key supplier, but the long-term sustainability of the UK operation remains to be seen.

Registered in England/Wales under the registration number 10740445, with a registered address at HD1 6BL, United Kingdom, Huddersfield, Unit 13 Ray Street Enterprise Centre.

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