Pattern One Limited

Pattern One Limited, based in Milton Keynes, UK, is a small, active company established seventeen years ago in 2007. Employing ten people and holding assets of £138,546, it’s a solo-founded operation managed by a single director and owner. The company operates from a real address and has a solid foundation. It regularly imports treated or layered fabrics for industrial use, with nine months of import activity recorded, and exports carpets and textile floor coverings, with six months of export activity.

The company’s website reveals a specialist in vacuum forming tools and pattern making. Pattern Solutions caters to a variety of sectors, including automotive, aerospace, and mass transit, offering services from CADCAM design to final CMM checks. It boasts a century of time-served manhours in the sector and utilizes the latest CADCAM technologies to ensure customer satisfaction. The website features testimonials praising the company's expertise and responsiveness, highlighting its ability to handle everything from one-off jobs to full-scale product testing.

Financially, Pattern One Limited shows some concerning trends. Current assets have dropped significantly by 49%, falling to £140,000, while net assets have also decreased by 5.8%, settling at £51,000. Bank borrowings have seen a dramatic reduction, falling by 42% to £140,000, and cash reserves have plummeted 93%, leaving only £6,000. Creditors have also decreased, but the sharp decline in cash and assets suggests the company is burning through money. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop and low cash reserves raise questions about its long-term sustainability. With no auditor mentioned, the figures rely on unaudited statements.

Despite these financial pressures, Pattern Solutions seems to be maintaining a strong reputation for its specialized services. Whether the company can navigate these challenges and continue its growth remains to be seen.

Registered in England/Wales under the registration number 06362561, with a registered address at MK12 5NA, Milton Keynes, Buckinghamshire, Unit 15b Deans Road, Old Wolverton.

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