High Standard Limited

High Standard Ltd from Lancashire UK: a small, active company founded 30 years ago, employs 11 people, and holds £936,489 in assets. With a real address, two directors, and two owners, it boasts a perfect 5.0 Google rating from a single review. The company regularly imports clothing and accessories, not knitted or crocheted (57 months of import activity), and exports man-made staple fibers (4 months).

Specialising in the sourcing and manufacturing of bespoke clothing, High Standard Ltd caters to customers and clients across the UK, Europe, Africa, and North America. Its website details a four-step sourcing process and highlights its ability to create a wide range of apparel, including t-shirts, polo shirts, sweatshirts, and trousers. The business operates an e-commerce site, with a focus on competitive pricing and fast customer support.

Financially, High Standard Ltd’s recent report shows some interesting trends. Current assets decreased by 17% to £940,000, while net assets increased by 7.3% to £660,000. Bank borrowings decreased by 10% to £200,000, and cash reserves increased by 74% to £6,300. Creditors decreased by 34% to £430,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in trade debtors by 2.3% to £470,000 suggests potential issues with customer payments. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

Overall, High Standard Ltd appears to be holding its own, with a strong reputation and a focus on bespoke apparel. However, the slight decrease in debtors warrants attention, and the company’s long-term success will depend on maintaining its competitive edge in the apparel sourcing and manufacturing market.

Registered in England/Wales under the registration number 03030096, with a registered address at OL16 1SY, Lancashire, 1 Summer Street, Rochdale.

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