D M Textile Machinery Limited

Dm Textile Machinery Ltd, based in Huddersfield, UK, is a small, active company founded nineteen years ago. With twelve employees and £1,310,056 in assets, it operates from a real address and is managed by three directors and one owner. The company holds a 3.0 Google rating based on just two reviews. It’s a regular importer and exporter of machinery, boilers, and mechanical appliances, with parts—importing for four months and exporting for thirty-two.

The company’s website showcases a business specializing in used textile machinery. It offers reconditioning, installation, and commissioning services, alongside a wide range of accessories and spare parts. Featured prominently are listings for jet dyeing machines, alongside a section dedicated to “machinery removals.” The site also highlights its ability to provide “reconditioning facilities” and even offers downloadable catalogues. A small section on the website mentions the company’s ability to provide “disaster recovery” for damaged machines.

Financially, Dm Textile Machinery Ltd shows some concerning trends. Accrued liabilities increased by a significant 75%, while property, plant, and equipment decreased by 24%. Cash bank on hand, however, rose by 16%, and trade debtors increased by 41%. Despite these shifts, net assets increased by 6.2%. 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 it remain nimble, but the rise in liabilities suggests it might be relying on credit to maintain operations. With no auditor mentioned, the financial statements are unaudited.

Overall, Dm Textile Machinery Ltd appears to be a specialist in a niche market, but its financial health warrants careful monitoring. The company's ability to adapt to changing market conditions and manage its finances effectively will be crucial for its long-term success.

Registered in England/Wales under the registration number 05667922, with a registered address at HD7 5BG, Huddersfield, West Yorkshire, Brooks Mill Clay Lane, Slaithwaite.

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