Fortune Eximports Ltd

  • Small
  • Active
  • 22 years
  • 12 employees
  • £372,793 (assets)
  • Real address
  • 2 directors
  • 1 owner
  • Irregular importer
  • Regular exporter

Field of Operation

Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
46160 13106 companies
Other business support service activities n.e.c.
82990 240942 companies

Social media

Summary

Fortune Eximports Ltd from Bedford UK: a small company with an active status, was founded 22 years ago. It employs 12 people and holds £372,793 in assets, operating from a real address with two directors and one owner. The company is an irregular importer of textile products, sets, used clothing, and rags (2 months of imports), and a regular exporter of the same items (8 months of exports).

Fortune Eximports’ core business revolves around textile recycling and resale, as evidenced by its website, "Fortune Eximports Fashion Forward." The site emphasizes sustainability and offers services like item bank rentals for events, bulk clothing purchases, and fundraising opportunities for institutions. It even handles shoe and bag recycling, and high-value items like bric-a-brac and household goods. The company’s website also mentions a partnership with a UK university to close the circular economy loop in textiles.

Financially, the company’s recent performance presents a mixed picture. Current assets increased by a substantial 34% to £370,000, while net assets grew by 12% to £98,000. However, bank borrowings decreased by 43% to £49,000, and cash reserves rose by 27% to £130,000. Creditors decreased by 22% to £17,000, suggesting improved debt management. The company’s small size—meeting two of three criteria for being a small company—allows for flexibility, but the significant increase in trade debtors (96%) could indicate challenges in collecting payments. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Fortune Eximports Ltd seems to be navigating a period of growth, though the rise in trade debtors warrants close monitoring. The company's focus on sustainable textile recycling and its diverse service offerings position it well in a growing market, but it’s important to keep an eye on its ability to manage cash flow and collect payments.

Registered in England/Wales under the registration number 04540174, with a registered address at MK41 0EP, Bedford, Bedfordshire, 5 Shuttleworth Road, Elms Industrial Farm.

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

Owners & PSC

  • Vyas Tushar
  • 8 years
  • 1
  • 75%+

Managers

  • Vyas Krishiv
  • 3 years
  • 2
Secretary
  • Vyas Tushar
  • 3 years
  • 2
Company director

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Confirmation statement made on 2024-09-19 with no updates
  2. Total exemption full accounts made up to 2023-09-30
  3. Confirmation statement made on 2023-09-19 with no updates

Importer profile by HS codes

Click on the map to see detailed UK statistics on HS code, including companies list.

Last imported products

Click on items to see detailed UK statistics on HS code, including companies list.

Similar importers

Buy the list of 2010 UK B2B buyers of various textile products, sets, used clothing, and rags.
  • Company names
  • HS codes
  • Financial data
  • Officers and owners
*from 99$

Exporter profile by HS codes

Click on the map to see detailed UK statistics on HS code, including companies list.

Last exported products

Click on items to see detailed UK statistics on HS code, including companies list.

Similar exporters

Buy the list of 881 UK B2B buyers of various textile products, sets, used clothing, and rags.
  • Company names
  • HS codes
  • Financial data
  • Officers and owners
*from 99$

FAQ about Fortune Eximports Ltd

Looking for leads in the UK?

Try our FREE App—access UK datasets with limited features!

Similar companies