Sequel Glitter Fabrics Limited

Sequel Glitter Fabrics Ltd from Emsworth UK: a small, family business active for 35 years, employs 13 people, and holds assets of £1,382,494. The company, founded in 1989, operates from a real address and is led by four directors and three owners. It’s a regular importer of plastics and plastic products (28 months) and a regular exporter of clothing and accessories, not knitted or crocheted (14 months).

The company’s website, sequelglitterfabrics.co.uk, positions itself as the world's leading manufacturer of glitter fabrics, boasting over 40 years of experience. It exports and sells its products worldwide through a network of agents, stockists, and distributors. Notably, Sequel Glitter Fabrics was the first glitter fabric manufacturer to achieve GRS certification for using recycled plastics, demonstrating a commitment to sustainability. The website highlights the company's versatility, offering digital and sublimation printing, and even assisting clients with design projects, from couture fashion to set building. Products range from standard chunky glitter fabrics to multi-tone articles and even a collection of vintage lace items, some featured in exhibitions at the Victoria and Albert Museum. The business is a family affair, with a proud history passed down through four generations, and the current Managing Director, Stephen Hewitt, driving innovation.

Financially, Sequel Glitter Fabrics Ltd presents a mixed picture. While current assets remained stable at around £1.4 million, net assets decreased by 11% to £1.4 million. Bank borrowings increased by 100% to £11,000, and cash reserves fell by 20% to £910,000. Creditors also increased by 420%, reaching £39,000, which may indicate a need for better cash flow management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited. The company’s financial statements are prepared in accordance with Financial Reporting Standard 102. It’s clear that while the business maintains a strong reputation and commitment to sustainability, it’s navigating some financial challenges.

Registered in England/Wales under the registration number 02405440, with a registered address at PO10 8NX, Emsworth, Hampshire, Unit A Chartwell Buildings Manor Road, Southbourne.

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