Partap Fashion Fabrics Limited

Partap Fashion Fabrics Ltd, based in London, UK, is a small, active company established 33 years ago. With 10 employees and £718,557 in assets, it’s a long-standing player in the fabric wholesale industry. The company boasts a real address, is managed by five directors, and owned by one individual, and operates an e-commerce site with a stellar 5.0 Google rating based on six reviews. It’s a regular importer of knitted or crocheted fabrics, with 106 months of import activity recorded, the latest in March 2025.

The company’s focus is on the wholesale of textiles, catering to businesses rather than directly serving consumers. While a dedicated website isn’s available, its presence on company directories indicates a focus on sourcing and supplying fabrics to various clients. The e-commerce site likely facilitates order placement and communication, but the core business revolves around wholesale distribution.

Financially, Partap Fashion Fabrics Ltd presents a mixed picture. Current assets have fallen by 11%, dropping to £720,000, while net assets have declined by 25%, settling at £510,000. Bank borrowings have decreased by 27%, reaching £22,000, and cash reserves have fallen by 52%, leaving £28,000. Trade debtors have decreased significantly by 34%, suggesting improved collection of payments. Creditors have increased by 39%, reaching £320,000, and other creditors have increased by 240%. 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 flexibility, but the decline in equity raises questions about its long-term financial health. There is no auditor mentioned, likely due to its small size and exemption from an audit.

Overall, Partap Fashion Fabrics Ltd appears to be navigating a period of change. While it maintains a strong reputation and consistent import activity, the financial data suggests a need to carefully manage expenses and maintain a healthy cash flow.

Registered in England/Wales under the registration number 02668950, with a registered address at E7 8LJ, England, London, 277c Green Street.

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