Bennett Silks Limited

Bennett Silks Ltd, based in Stockport, UK, is a small, active company with a rich history, having been founded sixty-one years ago in 1963. With twelve employees and £1,679,025 in assets, it’s a well-established player in the textile industry. The company, run by a solo founder and a single director, maintains a real address and has been importing and exporting silk and silk products regularly for over two decades—twenty-two months of imports and twenty-one months of exports recorded.

Bennett Silks Ltd operates within the wholesale of textiles industries, a sector known for its intricate supply chains and global connections. While no website is available to examine, the company’s core business revolves around sourcing and distributing silk and related products. The business appears to be a traditional, family-run enterprise, with a long-standing presence in the market.

Financially, Bennett Silks Ltd presents a mixed picture. While cash reserves have decreased by 16% to £410,000, trade debtors have increased significantly by 6%, suggesting a possible need to manage customer payments. Creditors have also decreased by 30%, which could indicate improved debt management. The company’s small size—meeting two of three conditions for a small company—helps it remain agile. Bank borrowings have also decreased by 30%, which is a positive sign. The company’s net assets have increased by 7%, which is also a positive sign. Depreciation of plant and machinery has decreased by 17%, which is also a positive sign. The lack of an auditor mentioned is likely due to its status as a small company, meaning the financial statements are unaudited.

Registered in England/Wales under the registration number 00785962, with a registered address at SK1 3HB, Stockport, Crown Royal Park, Higher Hillgate.

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