Oscar Apparels Ltd

Oscar Apparels Ltd, based in Laindon, UK, is a small, active company founded sixteen years ago in 2008. It employs just three people and holds assets valued at £1,940,160. The company operates from a virtual address, with one director and one owner, who is also the solo founder. It regularly imports and exports leather goods, travel bags, and animal harnesses, with a history of 76 months of imports and 7 months of exports.

The company's website describes Oscar Apparels as a textile sourcing company connecting international buyers with premium manufacturing facilities in Pakistan. It doesn't manufacture itself, but facilitates partnerships between buyers and factories. The company specializes in luxury knitted jerseywear, washed denim, and casual woven textiles, working with buyers and designers to ensure high-quality products. The website highlights Pakistan's vertically integrated textile infrastructure, efficient sourcing, and cost-effective production. It offers services like product design, sampling, sustainability commitment, and clear factory communication.

Financially, Oscar Apparels Ltd shows a mixed picture. Current assets have decreased by 27% to £1,900,000, while net assets have increased by 18% to £1,100,000. Bank borrowings have increased significantly, rising by 38% to £380,000 within a year, and cash reserves have fallen by 51% to £860,000. Creditors have decreased by 43% after a year, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, likely due to the small company status.

The decrease in cash reserves and increase in bank borrowings could indicate the company is reinvesting in its business or facing increased operating costs. The growth in creditors, while a positive sign for debt management, could also reflect delayed payments from customers. Overall, Oscar Apparels Ltd appears to be a stable, albeit small, company navigating the challenges of international trade.

Registered in England/Wales under the registration number 06633537, with a registered address at SS15 4DB, Laindon, Essex, The Old Granary, Dunton Road.

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