English Trading Company Limited

English Trading Company Limited, based in Chorley, UK, is a small, active company founded 23 years ago in 2001. With 17 employees and £4,480,468 in assets, it operates from a real address in Buckshaw Village. The company is led by four directors, though there are no reported owners – a common situation for smaller firms. It regularly imports and exports furniture, lighting, and prefabricated buildings, with a history of 36 months of imports and 6 months of exports. The company operates in the wholesale of textiles industries.

The company's website highlights its role as a leading manufacturer and supplier of contract textiles and soft furnishings. It caters to a diverse range of sectors, including hotels, hospitality, construction, cruise lines, student accommodation, and healthcare. The website details a full suite of services, from design and manufacture to installation, and showcases a wide range of products, including beds, soft furnishings, curtains, and chairs. It even has a separate division specializing in high-end piano restoration, operating from Cambridge and with a showroom in Harrods.

Financially, English Trading Company Limited shows some concerning trends. Accumulated amortisation for computer software increased by 36%, while goodwill remained unchanged. Property plant and equipment saw a significant increase in accumulated depreciation, with motor vehicles up 93% and plant machinery down 47%. Cash bank on hand decreased by 2.3% to £970,000. Creditors surged by a whopping 170% to £2,400,000, while trade debtors also ballooned by 170%. The company’s net assets increased by 30% to £2,600,000. 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 stay agile, but the increase in creditors is something to keep an eye on. No auditor is mentioned, which is likely due to the company being exempt as a small company.

Overall, English Trading Company Limited appears to be a well-established business with a diverse product offering and a strong online presence. However, the recent financial data suggests that the company is facing increased pressure, and management will need to carefully monitor its cash flow and debt levels to ensure its long-term sustainability.

Registered in England/Wales under the registration number 04238288, with a registered address at PR7 7JR, Chorley, Lancashire, Unit 1 Gibson Drive, Buckshaw Village.

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