October Textiles Limited

October Textiles Ltd, based in Nottingham, UK, is a small, active company founded nineteen years ago. With six employees and £318,535 in assets, it operates from a real address and is managed by three directors and two owners. Google users rate it a perfect 5.0 based on 51 reviews. The company is a regular exporter of clothing and accessories made by knitting or crocheting (six months), but only an irregular importer (one month). It operates in the manufacture of other textiles.

The company’s website showcases a comprehensive range of services, from t-shirt printing and screen printing to garment sourcing and embroidery. It caters to a variety of clients, including garment stores and fashion brands, offering everything from basic tees to custom-designed hoodies. The site even highlights case studies, demonstrating its work with well-known brands like Universal Works and Represent. It's clear October Textiles isn't just a printer; it's a brand builder.

Financially, October Textiles Ltd presents a mixed picture. Current assets have decreased by 14% to £320,000, while net assets remained steady at £240,000. Cash reserves declined by 35% to £150,000, and bank borrowings increased by a significant 2,400% to £29,000. However, creditors decreased by 24%, suggesting improved debt management. The company meets the criteria for a small company, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is likely due to its small size.

The sharp increase in bank borrowings, despite the decrease in creditors, suggests the company may be investing in growth or facing cash flow challenges. It's possible the irregular import activity is linked to this, perhaps sourcing materials for larger orders. The steady net assets, however, indicate a solid foundation, and the high Google rating suggests strong customer satisfaction.

Registered in England/Wales under the registration number 05568766, with a registered address at NG1 7HD, Nottingham, 151-153 Canal Street.

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