The Fold Line Limited

The Fold Line Limited is a small, active company registered in England and Wales with the registration number 09708849. Founded nine years ago on July 29, 2015, it operates from 95 Richmond Park Road, SW14 8JY, London, and is run by two directors and two owners. The company is an e-commerce site specializing in sewing patterns and supplies. It employs four people and holds £203,577 in assets.

The Fold Line’s business revolves around the retail sale via mail order houses or via internet industries, offering a wide range of sewing patterns, fabrics, and accessories. The website showcases trending designs, new arrivals, and a curated selection of brands, catering to both beginners and experienced sewists. It also features a blog with sewing tips, project inspiration, and interviews with designers—a nice touch.

Financially, The Fold Line shows a mixed picture. Current assets increased by 12% to £200,000, while net assets rose by 14% to £140,000. However, cash bank on hand decreased by 32% to £78,000. Trade debtors increased significantly, reaching £12,000, which could indicate a shift in payment terms or a larger customer base. Total inventories also grew by 71% to £110,000, suggesting increased stock levels to meet demand. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decrease in cash reserves warrants attention. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The company's fixed assets have increased by 170% to £18,000, which is a good sign. The increase in depreciation is also a positive indicator, suggesting the company is investing in its equipment.

Registered in England/Wales under the registration number 09708849, with a registered address at SW14 8JY, England, London, 95 Richmond Park Road.

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