Vanguard Textiles Limited

Vanguard Textiles Ltd from Crewe UK: a small, active company founded 19 years ago, employs three people, and holds £225,978 in assets. It’s a family business with three directors and three owners, operating from a real address. The company regularly imports toys, games, and sports equipment—four months of imports recorded, the last in November 2024.

The company's website showcases a business specializing in servicing blue chip, group retail, and mail order companies with home furnishing and decor needs. Vanguard Textiles provides global sourcing and supply, complete outsourced management, and product development services. They design, develop, and enhance customer brands, committed to exceeding expectations. They’re established since 1973, with over 46 years of experience. John Grumley, Chief Executive, leads a team with intimate knowledge of the production process and sourcing requirements.

Financially, Vanguard Textiles Ltd presents a mixed picture. While current assets increased by 24% to £230,000, net assets plummeted 82% to -£96,000. Bank borrowings jumped 37% to £42,000, and cash reserves vanished completely. Creditors increased by 11% to £310,000, and trade debtors rose a significant 25% to £230,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay flexible, but the sharp decline in equity is concerning. No auditor is mentioned, meaning the figures are unaudited.

The company's focus on global sourcing and its long-standing relationships with suppliers suggests a strong foundation, but the recent financial trends indicate potential challenges. Whether Vanguard Textiles can maintain its position in the competitive home furnishing market remains to be seen.

Registered in England/Wales under the registration number 05776847, with a registered address at CW4 8HS, England, Crewe, Haven Nook New Platt Lane, Cranage.

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