Franklins International Ltd

Franklins International Ltd, based in Banbridge, Northern Ireland, is a small, family-run business with an active status. Founded 49 years ago in 1976, it employs 28 people and holds assets of £1,125,934. The company, with four directors and two owners, operates from a real address and has a long history of importing special woven and decorative fabrics – a regular activity spanning 102 months, with the latest in February 2025. It also engages in irregular exporting of miscellaneous manufactured goods, with just one month of activity recorded in June 2024.

The company’s core business revolves around weaving of textiles, and it appears to operate a long-established presence in the industry. While it’s a small operation (meeting two of three conditions for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 28 employees), it’s clear that Franklins International Ltd has a history and a family connection.

Financially, the picture is mixed. Current assets remained stable at £1,100,000, while debtors increased slightly to £1,000,000. Cash reserves, however, decreased by 1.5% to £60,000. Creditors also saw a significant drop, falling 60% for amounts due after one year and 3.1% for amounts due within one year. Equity grew by a healthy 9.1% to £930,000, and net assets increased by 6.6% to £1,200,000. Bank borrowings remain stable. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

These trends suggest the company is holding its own, but the decrease in cash reserves could indicate a need to manage working capital more effectively. The growth in equity, however, is a positive sign, and the decrease in creditors points to improved debt management. It's a good thing that the directors changed the list one month ago.

Registered in Northern Ireland under the registration number NI011251, with a registered address at BT32 3AU, Banbridge, County Down, 54 Scarva Road.

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