Pdq Textiles Limited

Pdq Textiles Ltd, based in Manchester, UK, is a small, active company founded 11 years ago. With three employees and £600,806 in assets, it's a solo-founded operation led by a single director and owner. The company regularly imports clothing and accessories (excluding knitted or crocheted items), with 50 months of import activity recorded, the last in October 2024. It operates in the wholesale of textiles industries.

The company’s website is currently unavailable, making it difficult to determine if they have an e-commerce presence. It’s likely they operate primarily through wholesale channels, supplying retailers or other businesses.

Financially, Pdq Textiles Ltd shows a mixed picture. Current assets have decreased by 19%, dropping to £600,000. Trade debtors have also fallen significantly, by 27%, to £470,000. However, bank borrowings have increased, and creditors have risen by 9.2%, to £390,000. Equity has also taken a hit, decreasing by 45% to £210,000. 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 agility, but the decline in equity suggests potential challenges. The unaudited financial statements, prepared by TP Accountants Ltd, show a company facing some financial pressure. Cash bank on hand has also decreased by 42%, to £10,000. The company's net current assets liabilities have also decreased by 45%, to £210,000.

Registered in England/Wales under the registration number 08768044, with a registered address at M40 8RR, England, Manchester, 371 Oldham Road.

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