Overdale Fabrics Limited

Overdale Fabrics Ltd from Kenilworth UK is a small company with an active status, founded nine years ago. It employs two people and holds £30,940 in assets, operating from a virtual address. The company is led by two directors and owned by two individuals. It operates in the retail sale via mail order houses or via internet industries.

The company’s website, Fat Quarters, showcases a vibrant online store specializing in 100 cotton fabrics, particularly fat quarters, for quilters and crafters. Cindy, the owner, describes herself as a passionate seamstress and textile designer, having established Overdale Fabrics in 2013 to provide easy access to beautiful fabrics. The site features a monthly fabric club, patterns, kits, and a blog with tutorials and project ideas—a clear focus on engaging with its target audience and building a community. The site's design is clean and user-friendly, emphasizing high-quality images and detailed product descriptions, suggesting a well-managed online presence.

Financially, Overdale Fabrics Ltd shows a mixed picture. Current assets decreased by 7.5% to £31,000, while net assets increased by 14% to £17,000. Bank borrowings decreased by 5.3%, and cash reserves dropped by 24% to £6,800. Trade debtors decreased by 38%, which is a positive sign, but creditors also fell by 6.5%. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the decrease in cash reserves could indicate tighter cash flow. The lack of an auditor mentioned (likely exempt as a small company) means these are unaudited figures.

Overall, Overdale Fabrics Ltd appears to be a well-managed small business with a strong online presence. The decrease in cash reserves, however, warrants close monitoring, and it’s possible that the company is experiencing typical fluctuations in a seasonal retail business.

Registered in England/Wales under the registration number 09756647, with a registered address at CV8 1LY, United Kingdom, Kenilworth, Warwickshire, Bank Gallery, High Street.

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