Edinburgh Weavers Limited

Edinburgh Weavers Ltd from Rossendale UK: a small company with an active status, was founded 23 years ago in 2001. It employs 22 people and holds assets valued at £3,660,225. The business operates from a real address and is managed by one director and owner. Edinburgh Weavers regularly imports man-made filaments and related materials (141 months imported), and it exports various natural fibers from plants, paper yarn, and fabrics made from paper yarn (252 months exported).

The company’s core business revolves around the manufacture of other technical and industrial textiles. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The company’s website is non-existent, which suggests a business that relies on wholesale or direct sales rather than an online presence.

Financially, Edinburgh Weavers Ltd shows a mixed picture. Cash and cash equivalents increased by a significant 25%, reaching £1.4 million, while bank borrowings also increased, though not as dramatically. Trade debtors increased by 20%, which could be a sign of growth but also a potential risk if payments are delayed. Creditors also rose, but other creditors decreased by a considerable 32%. The company's net assets increased by 34%, reaching £1.7 million, which is a positive trend. Depreciation charges on property and equipment have remained consistent.

The company’s financial statements are unaudited, which is common for small businesses. The director, Greenwood Ursula, is responsible for the company’s accounting records and financial statements. The company’s tax expense is based on taxable profit for the year, which differs from net profit as reported in the accounts. Overall, Edinburgh Weavers Ltd appears to be financially stable, but the increase in trade debtors warrants monitoring.

Registered in England/Wales under the registration number 04331318, with a registered address at BB4 5ER, England, Rossendale, Premier House 175 Grane Road, Haslingden.

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