Canvas Man Limited

Canvas Man Ltd, based in Shipley, UK, is a small, family-run business with an active status. Founded 21 years ago, it employs 30 people and holds £656,025 in assets. The company operates from a real address and is overseen by three directors and two owners. It has a stellar 5.0 Google rating from 74 reviews. Canvas Man is an irregular importer, primarily dealing with optical and medical tools and devices, with its last import operation recorded over a year ago in September 2022.

The company specializes in fabric coverings and outdoor upholstery for both commercial partners and private clients. Its website highlights a wide range of services, including bespoke boat covers, upholstery, canopies, shade sails, and vehicle covers. They cater to diverse sectors, from home and garden to marine, medical, and hospitality. Notably, the website showcases a history dating back to 1996, when it started as a one-man band in a cellar, now a state-of-the-art manufacturing facility in Baildon. They even have a blog with regular updates on topics like fabric selection and canopy design.

Financially, Canvas Man Ltd’s recent performance presents a mixed picture. Average number of employees decreased by 20%, falling to 24. Cash bank on hand dipped slightly to £240,000, while creditors increased by 8.6% to £540,000. Debtor levels rose significantly by 15%, suggesting potential growth in sales but also a need to manage collections. Equity increased by 6.4%, which is a positive sign. The company’s small size—meeting two of three criteria for being classified as small—allows for agility, but the increase in creditors should be monitored. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

The company’s success is evident in its strong Google rating and diverse range of products, but the rising debt levels warrant attention. Whether this is a temporary blip or a longer-term trend remains to be seen.

Registered in England/Wales under the registration number 05034935, with a registered address at BD17 7AX, England, Shipley, Unit 5 Sapper Jordan Rossi Park, Baildon.

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