Edward Taylor Textiles Ltd

Edward Taylor Textiles Ltd, based in Blackburn, UK, is a small holding company with an active status, established thirteen years ago in 2011. The company employs 112 people and holds assets valued at £2,578,536. It operates from a real address and is overseen by two directors and one owner. Edward Taylor Textiles is an irregular importer, primarily dealing with special woven and decorative fabrics, with the last import recorded two months ago in August 2024. It also exports clothing and accessories (excluding knitted or crocheted items) irregularly, with the last export activity dating back to December 2020.

The company’s website highlights its 25 years of experience in the contract sewing industry, operating from a large, purpose-built facility in Lancashire. It provides services to globally recognised brands and focuses on manufacturing household textiles, workwear, and various outerwear. The website suggests a business-to-business model rather than direct-to-consumer e-commerce.

Financially, Edward Taylor Textiles Ltd presents a mixed picture. Cash and cash equivalents have decreased significantly by 52%, falling to £720,000. Bank borrowings have increased substantially, growing by 4000% to £670,000. Creditors have also decreased by 54%, which could indicate improved debt management. However, the company's net assets increased by 8.4% to £2,700,000, and the average number of employees has fallen by 15% to 95. The company is small, meeting two of three criteria for classification (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). The lack of an auditor mentioned suggests it's exempt as a small company.

Overall, Edward Taylor Textiles Ltd seems to be navigating a period of change. While cash reserves have dwindled, the company's focus on contract sewing and its established presence in the industry could provide a solid foundation for future growth. The increase in borrowings, however, warrants close monitoring to ensure sustainable financial health.

Registered in England/Wales under the registration number 07820106, with a registered address at BB1 5PF, Blackburn, Lancashire, Edward Taylor Textiles, Percliff Way Off Philips Road.

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