Excelsior Textiles Limited

  • Small
  • Active
  • 54 years
  • 6 employees
  • £7,670,249 (assets)
  • Virtual address
  • 2 directors
  • 1 owner
  • Regular importer
  • Regular exporter

Field of Operation

Wholesale of textiles
46410 5454 companies

Social media

Summary

Excelsior Textiles Ltd from Harrow UK is a small company with an active status, established 53 years ago in 1971. The business employs six people and holds assets valued at £7,670,249. It operates from a virtual address, managed by two directors and one owner. Excelsior Textiles is a regular importer of cotton products, with 150 months of import activity recorded, and a regular exporter of cotton products, with 126 months of export activity.

The company’s website, excelsiortextiles.co.uk, describes it as a wholesale textile merchant, specializing in importing and exporting fabrics. While the site doesn't offer direct e-commerce, it provides a catalogue of fabrics and contact information for inquiries. It seems the business focuses on business-to-business transactions rather than retail sales.

Financially, Excelsior Textiles Ltd presents a mixed picture. Creditors decreased significantly, falling by 60% to £15,000, suggesting improved debt management. However, cash bank on hand increased by 12% to £7,500,000, which is a positive sign. Average number of employees decreased by 17% to five, which could be due to restructuring or seasonal fluctuations. Debtor’s increased by 72% to £130,000, which could indicate a delay in payments or an increase in credit sales. Tax credit on profit or loss decreased by 64% to £27,000.

The company’s small size—meeting two of three criteria for being a small company—helps it remain nimble, but the decrease in deferred tax assets is something to keep an eye on. The company’s financial statements are unaudited, as it is exempt from audit as a small company. Overall, Excelsior Textiles Ltd seems to be navigating a period of change, with both challenges and opportunities on the horizon.

Registered in England/Wales under the registration number 01012731, with a registered address at HA1 1BH, England, Harrow, Middlesex, 3rd Floor, 166 College Road.

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

Owners & PSC

  • 9 years
  • 50%+

Managers

  • N/A
Retail textile dealer
Director

Last reports

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Last news

  1. Total exemption full accounts made up to 2024-06-30
  2. Confirmation statement made on 2024-10-04 with updates
  3. Termination of appointment of Judd Yahooda as a director on 2024-06-30
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Importer profile by HS codes

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Last imported products

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Buy the list of 212 UK B2B buyers of cotton products.
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Exporter profile by HS codes

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Last exported products

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Similar exporters

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  • HS codes
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