Concept Handtufting Limited

Concept Handtufting Limited, based in Wetherby, UK, is a small, family-run business with an active status, celebrating 30 years in operation. Employing six people and holding £218,509 in assets, it's a tight-knit team led by four directors and two owners. The company regularly imports carpets and textile floor coverings (112 months of import activity, last in February 2025) and occasionally exports them (4 months, last in February 2024).

The company’s website reveals a focus on bespoke, hand-crafted carpets and rugs. It caters to high-end clients, including superyachts, private jets, luxury hotels, and prestigious residences. The site highlights a range of techniques – hand tufted, hand knotted, hand woven, and flat weaving – and a wide selection of luxurious natural materials like silk, cotton, bamboo, and cashmere. It’s clear the business emphasizes craftsmanship, design consultation, and installation services. They even have a design blog showcasing colour trends and charity involvement.

Financially, Concept Handtufting Limited’s numbers show a mixed picture. Current assets have decreased by 20% to £220,000, while net assets have increased by 160% to £2,000. Bank borrowings have significantly decreased by 41%, reaching £43,000, and cash reserves have fallen by 34% to £150,000. Trade debtors have increased dramatically by 170%, suggesting a possible shift in payment terms or increased sales. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it's exempt from an audit, so the figures are unaudited.

The increase in debtors and decrease in cash reserves could indicate a period of growth and investment, but it also presents a challenge. The company’s long history and focus on bespoke, high-end products suggest a strong brand reputation, but managing cash flow will be crucial for sustained success.

Registered in England/Wales under the registration number 02995652, with a registered address at LS23 7FB, Wetherby, West Yorkshire, Unit 9 Moat House Square, Avenue E East, Thorp Arch Estate.

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