Atlas Textiles Ltd.

Atlas Textiles Ltd, based in Leicester, UK, is a small, active company founded 28 years ago. With seven employees and £34,650,352 in assets, it’s a well-established operation. The company is led by two directors and a solo founder, operating an e-commerce site and maintaining a real address. Google ratings are a bit low at 3.0 based on just one review. Atlas Textiles is a regular importer, primarily bringing in knitted or crocheted fabrics – with 12 months of import activity recorded, the last operation being in June 2024.

The company’s focus appears to be wholesale textiles, operating within the broader industry. It’s a solo founder operation with a real address, and two directors at the helm. The e-commerce site suggests a direct-to-consumer element, complementing its wholesale activities. The company's website is not available for review.

Financially, Atlas Textiles Ltd presents a mixed picture. While current assets increased by a modest 1.2% to £35,000,000, net assets remained relatively stable at £30,000,000. Bank borrowings increased significantly by 190% to £810,000, while cash reserves decreased by 63% to £260,000. Creditors also increased by 20% to £3,200,000. The company’s small size (meeting two of three conditions for being small) helps it remain nimble, but the increase in borrowings is something to keep an eye on. No auditor is mentioned, likely due to the company being exempt as a small entity.

The company’s financial data suggests a period of growth, but also increased reliance on borrowing. It's possible that the company is investing in its e-commerce platform or expanding its product range. The low Google rating, however, indicates a need to improve customer service or product quality.

Registered in England/Wales under the registration number 03340642, with a registered address at LE4 9LG, United Kingdom, Leicester, Leicestershire, 141 Barkby Road.

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