Advantage Fibres International Limited

Advantage Fibres International Ltd from Ilkley UK is a small company with an active status, established 17 years ago. With nine employees and £1,251,189 in assets, the company operates from a real address and is overseen by two directors and three owners. Advantage Fibres International is a regular importer and exporter of wool and animal hair products, with 205 months of import activity and 103 months of export activity recorded.

The company’s primary activity involves the wholesale of textiles, and it operates from a registered address in Ilkley. It’s a small company, meeting two of the three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company has two directors and three owners, and it’s been in operation for 17 years.

While Advantage Fibres International is a regular importer and exporter of wool and animal hair products, its website is currently unavailable, making it difficult to assess its e-commerce presence.

Financially, the company shows a mixed picture. Cash bank on hand decreased by 38% to £73,000, while total inventories increased by 6.8% to £700,000. Trade debtors have significantly risen by 110% to £450,000, which could indicate increased sales but also potential issues with customer payments. Creditors have also increased by 2.6% to £280,000. Bank borrowings surged by 65% to £62,000, suggesting the company may be relying more on debt financing. Net assets remained stable at £350,000. The company’s small size allows for agility, but the increased debt and rising debtors are something to keep an eye on. As a small company, it is exempt from an audit, and the financial information is unaudited.

Registered in England/Wales under the registration number 06511565, with a registered address at LS29 9LA, England, Ilkley, 4 Dalesway House, South Hawksworth Street.

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