Hiltex Ltd

Hiltex Ltd from Openshaw UK is a small, active company founded eight years ago. Employing just two people, it holds £782,367 in assets and operates from a real address. The company, owned and directed by a solo founder, regularly imports and exports glass and glassware – 66 months of import activity and 10 months of export activity recorded, with the latest activity in February 2025. It’s a wholesale textiles business, serving customers in over 75 countries worldwide.

The company’s website, hiltex.com, showcases a range of technical textiles, including silica, glass, aramid, and ALF fabrics, alongside accessories and coating treatments. It's clear that Hiltex is focused on heat-resistant textiles, offering products for various industrial applications. The site also features a news section and cookie statement, and a contact form. The company's website also shows it has a showroom in Cambridge.

Financially, Hiltex Ltd demonstrates a mixed picture. Current assets have increased by a solid 47% to £780,000, while net assets have also grown by 54% to £200,000. Bank borrowings have decreased, and cash reserves have increased significantly by 190% to £250,000. However, creditors have also risen by 45% to £590,000, which could be a sign of increased investment or expansion. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. The accounts are unaudited, and no auditor is mentioned.

The increase in creditors alongside the rise in assets suggests that Hiltex Ltd is investing in its business, possibly to meet growing demand. The company’s focus on heat-resistant textiles and international reach, combined with its solid asset base, positions it well for future growth, although careful management of its liabilities will be key.

Registered in England/Wales under the registration number 10544792, with a registered address at M11 2NB, England, Openshaw, Manchester, Unit 16, Norbury Court Welcomb Street City Works Business Park, Ashton Old Road.

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