Fibre Trading Ltd.

Fibre Trading Ltd from Newton Abbot, UK, is a small holding company with an active status, established 21 years ago. The company employs 17 people and holds assets valued at £2,088,230. Registered at a virtual address, it’s managed by one director and one owner. Fibre Trading Ltd regularly imports and exports carpets and textile floor coverings, with 176 months of import activity and 24 months of export activity.

The company’s website, fibreflooring.co.uk, showcases a diverse range of flooring options, including natural plant fibre, wool rugs, and ReVive WoolLook made from recycled plastic bottles. It operates as an online retailer, offering contemporary and fine-woven wool carpets, textured loops, and sisal/seagrass options. The site also features rug borders and caters to contract and commercial clients. It's a passion project, they say, offering creative floor coverings and stair runners that are both elegant and environmentally friendly.

Financially, Fibre Trading Ltd shows a mixed picture. Current assets increased by 13%, reaching £2.1 million, while net assets decreased by 3.3% to £510,000. Bank borrowings increased by 36%, reaching £450,000, and cash reserves grew by 18% to £94,000. Creditors increased by 24%, suggesting a reliance on trade credit. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in borrowings and decrease in equity raise questions. Deferred tax expense credit relating to origination reversal timing differences increased by a staggering 110%, a notable trend. As a small company, it’s exempt from an audit, so the financial data remains unaudited. The company's trading status is active.

Registered in England/Wales under the registration number 05042316, with a registered address at TQ12 4AA, England, Newton Abbot, Wessex House, Teign Road.

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