Patterns And Plains Ltd

Patterns And Plains Ltd from Knutsford UK: a small, active company founded six years ago, holds £37,115 in assets, and operates from a real address. It’s a family business with two directors and two owners, running an e-commerce site and irregularly importing man-made staple fibers – just two months’ worth, with the last import operation in May 2022.

The company’s website, Patterns and Plains, showcases a wide range of dressmaking fabrics and patterns, haberdashery, and remnant sales. It’s clear they cater to the sewing community, offering everything from Vogue patterns to organic cotton jersey, and even providing a video showing how fabrics handle – a nice touch. They're actively promoting new arrivals and sales, like half-price Vogue patterns and a remnant sale, to attract customers.

Financially, Patterns and Plains Ltd is showing some concerning trends. Cash bank on hand has fallen by a hefty 75%, dropping to just £900, and current assets have also declined significantly, down 53% to £37,000. Bank borrowings have increased by 6.5%, reaching £7,200, and net assets have plummeted 76%, leaving just £8,700. Trade debtors have also decreased, which could be a positive sign. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the sharp drop in equity is a cause for concern. The company is exempt from an audit, so the figures are unaudited.

The company's directors, Howard David and Howard Amanda Jane, are also the owners. The financial data suggests the company is facing financial pressure, despite its online presence and focus on a niche market.

Registered in England/Wales under the registration number 11387977, with a registered address at WA16 8QR, England, Knutsford, 8 Leycester Road.

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