Hilton Textiles Limited

Hilton Textiles Ltd from Harrow UK: a small, family-run business active for thirteen years, employs sixteen people, and holds £728,265 in assets. Operating from a virtual address, the company is led by two directors and owned by two individuals. It’s a thriving e-commerce site with a stellar 5.0 Google rating based on fifty-seven reviews, regularly importing and exporting cotton products—nineteen months of imports and seventy-nine months of exports recorded.

The company's website, Hilton Textiles, is the home of African fabrics, specializing in African wax prints and offering a wide range of laces, brocades, and voiles. It caters to customers seeking high-quality textiles, showcasing brands like Vlisco, Julius Holland, and Le Millionaire. The site offers a variety of ways to shop, including by brand, collection, and even by color. It even has a mobile app for easy browsing and ordering.

Financially, Hilton Textiles Ltd presents a mixed picture. Current assets have decreased by 24% to £730,000, while net assets have fallen by 21% to £630,000. Bank borrowings have increased by 11%, reaching £29,000, and cash reserves have declined by 32% to £130,000. Creditors, however, have dropped by 35%, suggesting improved debt management. 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 stay nimble. The accounts are unaudited, a common practice for small companies.

The increase in trade debtors by 13% could indicate an expansion of credit terms or delayed customer payments. The decrease in future minimum lease payments by 30% suggests a reduction in long-term commitments. Overall, Hilton Textiles Ltd seems to be navigating a period of change, with both challenges and opportunities on the horizon.

Registered in England/Wales under the registration number 07673575, with a registered address at HA1 1BH, United Kingdom, Harrow, Middlesex, 3rd Floor 166 College Road.

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