Garmentec Group Ltd

Garmentec Group Ltd from Sheffield UK: a small, active company founded 10 years ago, employs 29 people, and holds £529,407 in assets. It's a family business with six directors and two owners, boasting a perfect 5.0 Google rating based on one review. The company regularly imports and exports clothing and accessories, not knitted or crocheted, with 77 months of import activity and 44 months of export activity.

The company’s website, Garmentec, focuses on supplying uniforms, workwear, and technical wear for businesses and organisations. It offers in-house design and manufacture, plus a range of well-known brands. The site emphasizes a complete workwear service, including easy ordering, automated stock management, and direct shipping. It also promotes sustainable and environmentally friendly workwear options. Contact information, including a phone number, email address, and physical address, is clearly displayed.

Financially, Garmentec Group Ltd shows some interesting trends. Cash at bank increased by 15%, to £47,000, which is good. However, net assets decreased by 24%, falling to £96,000, and net current assets decreased by 40%, to £36,000. Bank borrowings remain steady at £10,000, but creditors decreased significantly by 12%, to £320,000. The company’s employee numbers increased by 31%, to 38 people. 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 nimble, but the decline in equity is something to keep an eye on. The unaudited financial statements, prepared using CCH Accounts Production software, don't mention an auditor.

Registered in England/Wales under the registration number 09063805, with a registered address at S2 1TA, United Kingdom, Sheffield, South Yorkshire, The Style Building Nunnery Drive, Parkway Industrial Estate.

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