Watsons Fabrics Ltd

Watsons Fabrics Ltd, based in West Byfleet, UK, is a small, active company founded four years ago. Boasting £33,772 in assets and a perfect 5.0 Google rating from 20 reviews, it operates as an e-commerce site specializing in fabrics and haberdashery. Run by a solo founder who also serves as director and owner, the business has a real registered address and is a tight-knit operation.

The company’s website, Watsons Fabrics, offers a wide range of fabrics, from bridal silks to technical stretch materials, catering to both hobbyists and professionals. It operates from a teaching studio in Byfleet, Surrey, and encourages customers to visit by appointment. The site highlights its commitment to selling fabrics per half meter and actively adds new items, inviting customers to email requests for specific items not yet listed. Categories include fabrics, remnants, haberdashery, patterns, and craft kits, with a dedicated section for Tilly and the Buttons patterns.

Financially, Watsons Fabrics Ltd presents a mixed picture. While current assets increased by 90% to £34,000, equity has seen a significant boost, jumping 190% to £19,000. However, cash bank on hand has fallen dramatically, dropping 81% to just £4,300. Tax payable has also increased sharply, rising 2100% to £2,800. The company’s small size—meeting two of three conditions for being considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees)—allows for flexibility, but the decrease in cash reserves warrants attention. Intangible assets have also seen a 50% decrease. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Watsons Fabrics Ltd appears to be a growing business, but it's managing its cash flow carefully. The high Google rating suggests strong customer satisfaction, which is a positive sign for the future, but the company should monitor its cash reserves to ensure it can continue to operate smoothly.

Registered in England/Wales under the registration number 13110208, with a registered address at KT14 7LW, England, West Byfleet, 29 Rectory Lane, Byfleet.

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