Fibre Extrusion Technology Limited

Fibre Extrusion Technology Ltd from Leeds, UK, is a small, active company established 27 years ago. Employing 23 people, it holds assets valued at £6,736,785 and operates from a real address. With three directors and two owners, the company is a regular importer and exporter of machinery, boilers, and mechanical appliances, parts—with 150 months of import activity and 82 months of export activity recorded. The company specializes in the manufacture of other special-purpose machinery, n.e.c., and provides bespoke extrusion equipment for textile materials. Its website highlights expertise in melt spinning and nonwoven systems, catering to sectors like biomedical and special extrusion projects.

The company’s Fibre Development Centre and FET200 Lab showcase its commitment to innovation, and it actively promotes sustainability through the development of sustainable polymers. Exhibiting at events like ITMA Singapore and COMPAMED, Fibre Extrusion Technology Ltd positions itself as a leader in the textile machinery industry.

Financially, the company demonstrates robust growth. Current assets increased by 8.3% to £6,700,000, while net assets grew by 9.7% to £3,200,000. Bank borrowings decreased by 21%, suggesting improved financial management. Cash reserves increased by 32% to £2,800,000. Trade debtors decreased by 21%, indicating efficient collection of payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, and the growth in assets and cash reserves suggests a healthy business. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Fibre Extrusion Technology Ltd appears to be a financially sound and growing company, well-positioned to capitalize on the increasing demand for specialized textile machinery. The company’s focus on innovation and sustainability, coupled with its strong financial performance, suggests a promising future.

Registered in England/Wales under the registration number 03504192, with a registered address at LS27 7JU, Leeds, West Yorkshire, Unit F & G Treefield Industrial, Estate Gelderd Road.

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