Clarkson Textiles Limited

Clarkson Textiles Ltd, based in Nelson, UK, is a small, active company with a 41-year history. Founded by a solo entrepreneur, the business employs just two people and holds assets worth £748,809. It has three directors and a real registered address, operating as a regular importer of knitted or crocheted fabrics (21 months of imports, last in August 2023) and an irregular exporter of treated or layered fabrics for industrial use (just one month of exports, back in February 01, 2021).

The company’s website highlights its expertise in providing flame-retardant treatments for upholstery fabrics, catering to the furnishing and allied markets. It’s a specialist processor and supplier, meeting current legislation and offering custom-built coating lines for both client textiles and its own treated fabrics. Located in Lancashire, the 60,000 sq ft factory boasts excellent transport links and emphasizes experience, knowledge, and quality customer service.

Financially, Clarkson Textiles Ltd shows a mixed picture. Current assets have fallen by 16% to £750,000, while net assets have dropped 17% to £730,000. Cash reserves have also decreased by 16% to £690,000. Creditors have increased by 59%, and other taxation social security payable is now at £5400. Trade debtors have decreased by 8.4%. The company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 20 employees), and no auditor is mentioned, suggesting an exemption.

While the business has a long history and a specialized service offering, the declining asset and cash figures suggest it may be facing some financial pressure. The increase in creditors could indicate a need for more short-term financing. The company’s ability to maintain its market position and profitability will depend on its ability to manage these challenges effectively.

Registered in England/Wales under the registration number 01750084, with a registered address at BB9 5SR, Nelson, Lancs, Lindred Road, Lomeshaye Industrial Estate.

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