Tailored Image Ltd

Tailored Image Ltd, based in Dungannon, UK, is a medium-sized holding company with an active status. Established 26 years ago in 1998, the company employs 88 people and holds £8,707,011 in assets, generating £17,447,986 in revenue annually. It’s managed by five directors and has one owner, and operates from a real address with only two other companies registered there. The firm regularly imports clothing and accessories (260 months) and exports man-made staple fibers (7 months).

The company functions as a holding company and agents involved in the sale of textiles, clothing, fur, footwear and leather goods. It’s a medium company as it met two conditions of three: turnover less than £36 million, balance sheet less than £18 million, employees less than 250. The last reported current assets is £8,707,011, and the revenue is £17,447,986.

While no website is available, the company’s business model appears to center on agency work within the textile and fashion industries. It’s unclear if they operate an e-commerce platform or primarily work with wholesale clients.

Financially, Tailored Image Ltd’s numbers show some concerning trends. Accrued liabilities increased by 12%, while accumulated amortisation for computer software rose by 26%. Bank borrowings over draft increased by a staggering 130%, and cash bank on hand decreased by 27%. However, there was a significant increase in dividends paid, rising by 140%. The company’s net assets increased by 17%, which is a positive sign. It seems like the company is investing heavily, but also facing increased short-term debt obligations. The company’s auditors, Hill Vellacott, gave a clean opinion on the financial statements.

Overall, Tailored Image Ltd appears to be a stable, but potentially stretched, business. The increase in borrowing suggests a need for cash, while the growth in dividends indicates a desire to reward shareholders. It’s possible the company is expanding its operations, but careful management of its finances will be crucial to its long-term success.

Registered in Northern Ireland under the registration number NI034580, with a registered address at BT70 1NJ, Northern Ireland, Dungannon, Unit 3 Granville Industrial Estate.

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