Ema Textiles Limited

Ema Textiles Ltd is a holding company with an active status, celebrating 55 years since its founding in 1969. Based in London, the company employs 38 people and holds assets worth £69,116,811. With a real address and four directors, it’s a well-established entity, though its 3.0 Google rating (based on just four reviews) suggests room for improvement. The company regularly imports clothing and accessories—not knitted or crocheted—with 322 months of import activity recorded, the last in October 2023.

The company’s website, Textiles Ltd, indicates a focus on clothing supply, with a page dedicated to services, products, and responsibility. The site mentions being "top of page" and uses a Wix platform, suggesting a modern, potentially e-commerce driven approach. It also references an "established 1947" date, which is a bit confusing given the 1969 founding date.

Financially, Ema Textiles Ltd presents a mixed picture. While current assets remain substantial at £69,116,811, several key indicators raise concerns. Creditors have increased significantly by 120%, reaching £4,100,000, suggesting a greater reliance on short-term borrowing. Bank borrowings have also increased by 100% to £2,000,000. Cash reserves have fallen by 18% to £8,400,000. Debtors have decreased by 39%, indicating potential issues with collecting payments. The company’s equity has also dropped by 12% to £73,000,000. The company’s income from related parties decreased by 0%, with the company paying dividends of £10,000,000. The company's auditor is Sopher + Co LLP.

Despite these challenges, Ema Textiles Ltd remains a significant player in the wholesale of textiles industries. The company’s size—a holding company with substantial assets—provides a foundation for future growth, but the rising debt levels and declining cash reserves warrant close monitoring. It's unclear if the company is facing temporary setbacks or if these trends signal a more fundamental shift in its financial health.

Registered in England/Wales under the registration number 00955238, with a registered address at EC2A 4LR, 62-72 Tabernacle Street, London.

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