Sue Whimster Curtains Limited

Sue Whimster Curtains Ltd, based in London, UK, is a small, active company established eighteen years ago. With twelve employees and £536,371 in assets, it’s a well-established business. The company, run by three directors and two owners, maintains a real address and boasts an impressive Google rating of 5.0 based on 52 reviews. It’s an irregular importer, primarily dealing with man-made staple fibers, with the last import occurring just two months ago.

The company’s website is not available, so it’s difficult to determine if it operates an e-commerce platform. However, the company description indicates a focus on manufacturing soft furnishings, retail of textiles, and furniture repair—suggesting a traditional business model.

Financially, Sue Whimster Curtains Ltd presents a mixed picture. While bank borrowings decreased by 12%, cash reserves fell by a significant 32% to £350,000. Current assets also dropped by 32%, reaching £540,000. Creditors decreased by 29%, which is a positive sign. However, the company’s net assets fell by 13% to £560,000, and debt increased. 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 flexibility, but the decline in equity warrants closer attention. The company’s unaudited financial statements do not mention an auditor.

The company's reliance on imports, particularly the recent decrease in cash reserves, could be a cause for concern. It’s possible the company is experiencing supply chain disruptions or increased material costs. The decrease in debtors, however, suggests better management of customer payments.

Registered in England/Wales under the registration number 06166872, with a registered address at SE28 0EZ, London, Unit 10 Gateway Business Centre, Tom Cribb Road.

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