Curtis Wool Direct Limited

Curtis Wool Direct Ltd, based in Bingley, UK, is a large company holding significant assets—£19,939,033—and operating with an active status. Established 45 years ago in 1980, it’s a well-established player in the wool trading industry, employing twelve people and overseen by nine directors and one owner. The company boasts a 4.0 Google rating based on one review. It’s a regular importer and exporter of wool and animal hair products, with 125 months of import activity and 280 months of export activity recorded.

The company’s website highlights its role as a leading wool trading and processing company, serving a global market. It operates through several divisions, including Curtis Wool Direct, Haworth Scouring, and Enco Global Testing, offering a range of services from raw wool processing to testing and quality control. The site also showcases its partnerships with British, Irish, New Zealand, Norwegian, and Real Shetland Island wool producers, emphasizing its commitment to sourcing high-quality materials. It’s clear the company’s focus is on wholesale and processing, with a strong online presence showcasing its products and services.

Financially, Curtis Wool Direct Ltd demonstrates a robust position. Current assets increased by 14% to £20 million, while net assets grew by 39% to £12 million. However, there are some concerning trends. Bank borrowings surged by 120% to £340,000, and cash reserves dropped 25% to £2,400. Administrative expenses decreased by 40% to £1.3 million, which could indicate cost-cutting measures or a temporary reduction in operational activity. Director remuneration increased by 5% to £520,000. The company’s large size (meeting two of three criteria for a large company) and substantial assets suggest a stable operation, but the increase in borrowing and decrease in cash reserves warrants closer scrutiny. The company was audited by Azets Audit Services Limited, and the report indicates a stable, albeit potentially stretched, financial situation. The company’s long history and established network of suppliers and customers provide a strong foundation for future growth, but managing its debt levels will be crucial.

Registered in England/Wales under the registration number 01471011, with a registered address at BD16 1WA, Bingley, West Yorkshire, Lawrence House, Dowley Gap Business Park.

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