Warwick Fabrics (uk) Limited

Warwick Fabrics UK Ltd, based in Gloucester, is a holding company with an active status, celebrating 37 years in business. Employing 61 people, the company holds assets valued at £11,847,861. It's a family affair, with a solo founder, three directors, and one owner, John-andrew Ovenstone. The company maintains a real address and boasts a respectable 4.0-star Google rating from 18 reviews. They are regular importers and exporters, specializing in man-made filaments and related materials, with 681 months of import activity and 281 months of export activity recorded.

The company’s website showcases a wide range of fabrics, from plains and Cambridge designs to outdoor and easy-clean options. It operates a well-designed e-commerce site, allowing customers to browse and order samples. The site also highlights distributor information and news, suggesting a business-to-business focus alongside direct sales.

Financially, Warwick Fabrics UK Ltd shows a mixed picture. While current assets increased by 10% to £12 million, net assets declined by 10% to £3.2 million. Bank borrowings decreased by 28% to £980,000, and cash reserves increased by 45% to £650,000. Creditors increased by 16%, suggesting a need to manage debt effectively. The company’s relatively small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in net assets warrants further investigation. The company's financial statements were audited by Azets Audit Services.

Overall, Warwick Fabrics UK Ltd appears to be a stable, long-standing business. While the decrease in net assets is a concern, the company’s strong online presence, diverse product range, and healthy cash reserves suggest it is well-positioned for continued success.

Registered in England/Wales under the registration number 02241211, with a registered address at GL2 2BY, England, Gloucester, Unit 3 Davy Way, Hardwicke.

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