Excelpress Limited

Excelpress Ltd, based in Somercotes, Alfreton, UK, is a small, active holding company established 24 years ago. With 102 employees and £3,248,030 in assets, the company has a real address and is managed by five directors and one owner. Its Google rating stands at a respectable 4.0 based on 14 reviews. The company regularly imports clothing and accessories made by knitting or crocheting, with 20 months of import activity recorded.

Excelpress Ltd operates in the finishing of textiles industries, providing essential links in the garment supply chain for major UK retailers. It specializes in quick-response processing, handling knitwear, hosiery, and more, capable of reprocessing over 500,000 units per week. Next-day service is available with a 24-hour turnaround. The company offers a wide range of services, including quality control inspection, sewing repairs, garment pressing, and even ozone cleaning to tackle mould odour problems.

Financially, Excelpress Ltd shows some concerning trends. Accumulated depreciation on leased assets has risen significantly, with Motor Vehicles increasing by 130% and Plant Machinery up 39%. Bank borrowings have surged, with a 54% decrease in Non Financial Instruments. Creditors have also increased substantially, by 55%, and Net Current Assets have remained stagnant. Despite these challenges, the company's small size – meeting two of three criteria for a small company – allows for agility. The number of employees has increased by 20%, to 120, which could be a factor in the rising costs. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

While the company’s financial figures may seem a bit worrying, the business appears to be maintaining a good reputation, and its wide range of services and quick turnaround times suggest a continued demand for its expertise in the textile finishing industry.

Registered in England/Wales under the registration number 04024212, with a registered address at DE55 4LS, Somercotes Alfreton, Derbys, Unit 7 Wimsey Way, Alfreton Trading Estates.

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