Harwood Textiles Limited

Harwood Textiles Ltd from Henley-On-Thames UK: a small, active company founded 22 years ago, employs 11 people, and holds £1,104,339 in assets. It’s a real address with three directors and two owners. The company regularly imports textile products, used clothing, and rags (44 months of import activity, latest in December 2024), and exports furniture, lighting, and prefabricated buildings (9 months of export activity, latest in February 2024).

The company’s website reveals it’s a wholesale supplier of soft furnishings, including bed linens, duvets, pillows, towels, and home furnishings. It caters to retailers, hotels, nursing homes, and restaurants, offering a wide range of products and emphasizing quality and customer service. The site highlights its sourcing from worldwide suppliers to offer competitive wholesale prices. It’s clear they’re aiming to be a one-stop shop for businesses needing textiles.

Financially, Harwood Textiles Ltd shows a mixed picture. Current assets decreased by 6.2% to £1,100,000, while net assets fell 3.3% to £700,000. Bank borrowings increased by a significant 2400%, reaching £29,000, and cash reserves fell 8.9% to £95,000. Trade debtors decreased by 20%, which could indicate better collection practices. The company meets the criteria for a small business—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and is exempt from an audit, so the figures are unaudited.

The sharp increase in bank borrowings is a point to note, and it’s possible this is linked to expanding operations or managing cash flow. The decrease in debtors is a positive sign, but the overall picture suggests the company is working hard to maintain its financial health. It’s a solid, established business, but it’s facing some challenges.

Registered in England/Wales under the registration number 04555006, with a registered address at RG9 3EX, England, Henley-On-Thames, Unit 2 White Hill Farm Church Lane, Remenham.

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