Comfortex Limited

Comfortex Ltd, based in Oldham, UK, is a large, family-run holding company with an active status. Established 28 years ago in 1997, the company employs 88 people and boasts assets of £1,982,117. It has six directors and three owners, and is a regular importer of textile products, sets, used clothing, and rags (52 months) and a regular exporter of furniture, lighting, and prefabricated buildings (45 months). The company has a Google rating of 3.0 based on 13 reviews.

Comfortex operates as a specialist manufacturer of mattresses and comfort seating products, acting as a key supplier in six strategic areas: medical, retail, contract, nursery, upholstery, leisure, and specialist businesses. Its website highlights a focus on high-quality foam and fibre products, with a particularly strong presence in the piano restoration market through its 1066 Pianos division, even boasting a showroom in Harrods. The company emphasizes its commitment to British craftsmanship and innovation, investing in state-of-the-art technology.

Financially, Comfortex Ltd presents a mixed picture. While turnover remains strong, net assets have fallen by 3.2% to £2.1 million. Bank borrowings have decreased by 19%, and cash reserves have dropped by 12%. A significant decline in accumulated amortisation impairment intangible assets by 71% is also noticeable, potentially reflecting changes in accounting practices or asset write-downs. The decrease in average number of employees by 16% could be a result of restructuring or changing market conditions. Despite these challenges, the company's strong customer base and commitment to quality suggest resilience. Chadwick & Company (Manchester) Limited performed the audit. The company’s small size helps it stay agile, but the sharp equity drop raises questions.

Registered in England/Wales under the registration number 03319732, with a registered address at OL1 2HP, Oldham, Anchor Works, Rochdale Road.

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