Bill Beaumont Textiles Ltd

Bill Beaumont Textiles Ltd, a small holding company based in Chorley, UK, has been a fixture in the textile industry for 78 years. Founded in 1947, the company employs 20 people and boasts assets of £2,241,984 and yearly revenue of £2,158,241. It operates with two directors and one owner, and maintains a real address with only two other companies registered there. The company regularly imports and exports man-made filaments and related materials, having imported for 449 months and exported for 65 months.

Beaumont Textiles presents itself as a British design house with a heritage dating back to 1888, creating exclusive furnishing fabrics in a range of styles. Its website showcases three collections – Tribal, Papyrus, and Nordic – and emphasizes a trade partner network offering cut length and made-to-measure services. The site also features an Instagram feed highlighting fabrics and collaborations, and offers a newsletter sign-up for updates. The company's unit is located at Phoenix Works, Steeley Lane, Chorley, and the website includes contact details and a copyright notice.

Financially, Bill Beaumont Textiles Ltd shows some concerning trends. Accumulated amortisation impairment of intangible assets has risen significantly, increasing by 280%, while administrative expenses have decreased slightly by 2.6%. The number of employees has dropped by 25%, and cash bank on hand has fallen by 57%. Turnover revenue has declined by 23%, and net assets have increased by 23%. While creditors have decreased, bank borrowings have also decreased. The company's small size, meeting two of three criteria, helps it remain flexible, but the drop in cash reserves and the rise in accumulated amortisation raise questions about its financial health. No auditor is mentioned, which is likely due to its status as a small company.

Overall, Bill Beaumont Textiles Ltd appears to be navigating a period of change, with declining revenue and a reduction in workforce. While it maintains a strong brand identity and a focus on British design, its financial performance warrants close monitoring.

Registered in England/Wales under the registration number 00430970, with a registered address at PR6 0RJ, England, Chorley, Unit 1 Phoenix Works, Steeley Lane.

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