Eco Textile International Ltd

Eco Textile International Ltd, based in Stockport, UK, is a small, holding company with an active status. Founded five years ago in December 2019, it employs just two people and holds assets totaling £2,590,215. The company operates from a real address and is overseen by two directors and one owner. It regularly imports clothing and accessories made by knitting or crocheting—a total of 148 months of import activity—and exports clothing and accessories *not* knitted or crocheted, with four months of export activity.

The company’s website showcases a wide range of textile-related news, features, and opinion pieces. It's a digital publication, not an e-commerce site, with content covering topics like sustainable textiles, innovation in the industry, and regulatory changes. There’s a strong emphasis on partnerships and collaborations within the textile sector, with a dedicated section highlighting industry news and events. The site also includes a magazine with back issues available, and a podcast and video section.

Financially, Eco Textile International Ltd’s recent performance presents a mixed picture. Cash bank on hand has significantly decreased by 72%, dropping to £560,000—a notable decline. Trade debtors have also increased dramatically, rising by 83% to £2,000,000, which could indicate challenges in collecting payments. However, creditors have also decreased by 35%, suggesting improved management of short-term liabilities. Net assets have increased by a substantial 140%, reaching £240,000, which is a positive sign. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in cash reserves warrants attention. The financial statements are unaudited, and no auditor is mentioned, which is common for small, exempt companies.

Registered in England/Wales under the registration number 12347529, with a registered address at SK4 5BF, England, Stockport, Unit 4lmn Crossley Park, Crossley Road.

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