Global Technical Textiles Limited

Global Technical Textiles Ltd, based in Stockport, UK, is a small, family-run business with an active status. Established twenty years ago, the company employs just four people and holds £718,226 in assets. Operating from a virtual address – where 216 other companies are registered – it’s managed by three directors and two owners. The company regularly imports clothing and accessories made by knitting or crocheting (184 months of import activity, last in February 2025) and exports knitted or crocheted fabrics (eight months of export activity, last in October 2023).

The company’s website is minimal, offering little insight into its operations beyond its name and a basic contact form. It’s unclear whether the company has an e-commerce presence or operates solely as a wholesale supplier. The company operates in the finishing of textiles industries.

Financially, Global Technical Textiles Ltd presents a mixed picture. While cash bank on hand increased by a healthy 26% to £400,000, trade debtors have plummeted by a significant 48% to £79,000, suggesting potential issues with customer payments. Creditors have also decreased by 9.8% to £360,000. On the positive side, the company’s equity grew by 17% to £380,000, and inventories have more than doubled to £160,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the decrease in trade debtors is something to keep an eye on. With no auditor mentioned, the figures are unaudited.

Overall, Global Technical Textiles Ltd appears to be a stable, albeit small, operation. The increase in cash reserves is encouraging, but the decrease in trade debtors could indicate a need for improved credit management.

Registered in England/Wales under the registration number 05340134, with a registered address at SK7 5ER, England, Stockport, 2 Station View, Hazel Grove.

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