B & A Quilting (uk) Limited

B & A Quilting (uk) Limited, based in Middleton, England, is a large company with an active status, having been incorporated thirteen years ago in August 2011. The business, employing eighty-nine people, boasts significant assets of £7,409,585 and impressive yearly revenue of £20,143,303. A real address is registered, and the company is led by one director and one owner, Bashir Naveed, who also acts as CEO. The company holds a stellar 5.0 Google rating based on twenty-two reviews. It regularly imports and exports furniture, lighting, and prefabricated buildings—fifty months of imports and fifty-two months of exports recorded.

The company’s primary focus is mattress manufacturing, foam production, and bespoke services like quilting and sewing. It’s a specialist in the field, even working with renowned brands such as Burberry, Paul Smith, Barbour, Jysk, and IKEA. B & A Quilting is the UK's largest independent bed-in-a-box manufacturer, and its website highlights its fifty years of experience and a commitment to craftsmanship. The company operates a 410,000 square foot manufacturing facility and has produced 250,000 mattresses, toppers, and pillows in 2023.

Financially, B & A Quilting shows some concerning trends. While turnover increased by 9%, reaching £20 million, net assets declined by 21%, settling at £6 million. Cash bank on hand dropped significantly by 80%, down to £130,000. Borrowings increased, and creditors rose by 25%, suggesting a need for careful debt management. The company’s assets decreased by 12% to £1.2 million. While depreciation expenses increased by 36%, indicating investment in equipment, the reduction in cash reserves is a potential red flag. The company’s auditor, BK Plus Audit Limited, has issued a qualified opinion, citing concerns about the company’s ability to continue as a going concern. The fact that the company is not reporting a strategic report is also noteworthy.

Despite these challenges, B & A Quilting remains a significant player in the UK mattress industry, leveraging its long history and reputation for quality. The company’s focus on bespoke services and high-end brands suggests a strategy of differentiation, but the financial pressures will need to be addressed to ensure long-term sustainability.

Registered in England/Wales under the registration number 07723683, with a registered address at M24 1SN, England, Manchester, Unit 1 Greenside Way, Middleton.

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