Gb Patterns Ltd

Gb Patterns Ltd, based in Ilkeston, UK, is a small, family-run business with an active status. Founded seven years ago in 2017, it employs thirty-eight people and holds £455,349 in assets. With two directors and two owners, it operates from a real registered address and is a trusted partner to many top brands within the marketplace. The company is an irregular importer, specializing in various natural fibers, paper yarn, and fabrics made from paper yarn—the latest import activity recorded just one month ago.

The company’s website highlights its expertise in manufacturing bespoke point-of-sale materials for the interiors and decorative industry. It’s a manufacturer of sample books, pattern books, and a variety of other materials, including fabrics, wallpaper, carpets, and flooring. With over a hundred years of heritage, Gb Patterns Ltd prides itself on its skilled workforce and technical expertise, offering guidance from design to final product. It offers a free quotation and welcomes any enquiry.

Financially, Gb Patterns Ltd shows a mixed picture. Current assets increased by 23%, reaching £460,000, while debtors rose significantly by 43%, reaching £320,000. However, retained earnings and accumulated losses decreased by 5.2%, resulting in a net assets liability of -£980,000. Intangible assets have also seen a 50% decrease. Cash bank on hand has also decreased by 5.9%. 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 agile, but the decrease in equity raises some questions. As a small company, it is exempt from an audit, so the figures are unaudited.

The company's financial data suggests it's facing some challenges, despite its expertise and long history. It is important to note that the decrease in equity does not necessarily indicate a failing business, but it does warrant further investigation.

Registered in England/Wales under the registration number 10835784, with a registered address at DE7 4BG, England, Ilkeston, Derbyshire, G B Patterns Ltd, Crompton Road.

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