Divine Textiles Ltd

Divine Textiles Ltd, based in Oldham, UK, is a small, active company established eight years ago. With six employees and £4,413,907 in assets, it’s a solo-founded operation led by a single director and owner. The company boasts a stellar 5.0 Google rating from one review and regularly imports various textile products, sets, used clothing, and rags – the last import recorded in January 2025.

The company’s website is currently undergoing a rebuild, promising a better online shopping experience. A message on the site encourages visitors to enter a password to access the store, and offers an email signup for launch notifications. This suggests a planned shift towards a more robust e-commerce platform, although it currently isn’t functional.

Financially, Divine Textiles Ltd presents a mixed picture. While cash reserves increased by a substantial 120% to £46,000, bank borrowings decreased by 35% to £120,000, and current assets grew by 90% to £4.4 million, other indicators are concerning. Creditors have increased significantly – both within the year (110%) and after one year (28%). Equity, however, also rose by 27% to £80,000. Trade debtors remain consistent, and the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps maintain agility. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s focus on retail sale of textiles, coupled with the planned website overhaul, suggests a commitment to growth. However, the rising creditor levels and the need to manage debt will be key to its long-term success.

Registered in England/Wales under the registration number 10224391, with a registered address at OL9 8EY, England, Oldham, Divine Textiles Ltd Unit A, Transbridge Business Park, Drury Lane, Chadderton.

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