Beckford Silk Limited

Beckford Silk Ltd from Tewkesbury UK is a small, active company founded 49 years ago, in 1975. Employing five people and boasting assets of £251,523, it operates from a real address and is managed by five directors and two owners. The company regularly imports man-made staple fibers (for three months) and exports clothing and accessories (not knitted or crocheted) for four months.

The business specializes in the finishing of textiles, with a strong online presence showcasing a wide range of silk fabrics – from Habotai to Velvet – catering to dressmakers and crafters alike. The website highlights custom scarf printing and even features customer-submitted creations, emphasizing British craftsmanship and a personalized shopping experience. Beckford Silk also operates a blog, offering insights into its processes and inspiring customers with fabric ideas.

Financially, Beckford Silk Ltd shows a mixed picture. Current assets increased by 26% to £250,000, while net assets grew by 4.5% to £950,000. Bank borrowings decreased by 2.4% to £20,000, and cash reserves increased by 37% to £67,000. Creditors increased by 59% to £120,000, which could indicate an expansion in operations. The company qualifies as a small business, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt from an audit as a small company.

The increase in creditors and the decrease in bank borrowings suggest the company is managing its finances well, although the increased creditor balance needs to be monitored. The growth in assets and cash reserves is a positive sign, but the company’s long-standing history and established online presence suggest it’s a stable and well-managed operation, even if it's been a little slow to update its website.

Registered in England/Wales under the registration number 01234243, with a registered address at GL20 7AU, Tewkesbury, Gloucestershire, Ashton Road, Beckford.

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