Universal Garments International Limited

Universal Garments International Ltd, based in Glossop, UK, is a small, active company founded 21 years ago. With 22 employees and £2,167,395 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports and exports clothing and accessories made by knitting or crocheting – 444 months of import activity and 60 months of export activity have been recorded.

The company’s website highlights its commitment to “manufacturing supply” with a focus on bespoke design, manufacture, and global distribution of apparel. It emphasizes over 40 years of experience and provides contact details including a UK phone number and email addresses for sales and general inquiries. A success message confirms receipt of customer queries, promising a response within three working days. The website also mentions Aksa Ansari, suggesting a family connection.

Financially, Universal Garments International Ltd shows a mixed picture. While cash reserves increased by a healthy 70% to £480,000, net assets only grew modestly by 32% to £450,000. Bank borrowings were significantly reduced by 67%, dropping to £60,000, and cash bank on hand increased. However, trade debtors rose by 5.8% to £560,000, and creditors increased by 30% to £680,000. 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 it to remain flexible. Average number of employees increased by 18% to 26, which may have contributed to the rise in trade debtors. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Universal Garments International Ltd appears to be financially stable, but the rise in trade debtors and creditors warrants attention. The company's long history and focus on bespoke apparel suggest a resilient business model, but ongoing monitoring of its financial performance is advisable.

Registered in England/Wales under the registration number 04952662, with a registered address at SK13 1EB, England, Glossop, Hadfield Mills Platt Street, Padfield.

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