Stretch Fabric Structures Limited

Stretch Fabric Structures Limited, based in London, UK, is a small, active company founded 15 years ago in 2010. With two employees and £111,063 in assets, it operates from a virtual address—one of 374 companies registered there—and is run by two directors and owners, Johnstone Penelope and Johnstone Stuart James. The company boasts a perfect 5.0 Google rating from a single review and is a regular importer of furniture, lighting, and prefabricated buildings, with the latest import occurring in August 2024. It provides other business support service activities.

The company’s website showcases a wide range of fabric structures, including stretch tents, inflatable structures, and event architecture, catering to party planners and event organizers. It offers both standard shapes and custom designs, with options for printing logos and branding. The site highlights the versatility and visual impact of its products, positioning them as a unique and flexible solution for events. It also has an international presence, with offices and contact information for Australia, Canada, New Zealand, the USA, and the UK.

Financially, Stretch Fabric Structures Limited presents a mixed picture. While current assets increased by 35% to £110,000, net assets plummeted 390% to -£46,000, indicating significant accumulated losses. Bank borrowings decreased slightly, and cash reserves increased by a considerable 210% to £7,100. Creditors, however, have risen dramatically, increasing by 210% to £150,000. 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 substantial equity decline raises concerns. The financial statements are unaudited and exempt, and no auditor is mentioned.

It seems the company is struggling to maintain profitability, despite a strong online presence and positive customer feedback. Whether it can overcome these financial challenges and sustain its growth remains to be seen.

Registered in England/Wales under the registration number 07222658, with a registered address at WC1H 9BQ, London, Lynton House, 7-12 Tavistock Square.

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