John Boyd Textiles Limited

John Boyd Textiles Ltd from Castle Cary UK: small company, holding company, active status, founded 40 years ago, 11 employees, £417,071 assets, real address, 1 director, 1 owner. Regular importer of various natural fibers from plants, paper yarn, and fabrics made from paper yarn (5 months imported). Regular exporter of wool and animal hair products (13 months exported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the weaving of textiles industries.

The business, tracing its roots back to 1837, specializes in horsehair fabrics, a tradition maintained for over a century. The company’s website highlights its expertise in weaving horsehair, a material historically favored by renowned furniture designers like Chippendale and Mackintosh. Today, John Boyd Textiles caters to both antique restoration projects and contemporary designs, offering a range of fabrics and even integrating self-play systems. The site also includes a showroom in London’s Harrods, suggesting a focus on high-end clientele. It's a real address as only four companies registered at the same address.

Financially, John Boyd Textiles presents a mixed picture. While cash reserves increased by 43% to £250,000, net assets actually decreased by 15% to £130,000. Creditors have risen significantly, increasing by 110% to £150,000, which could indicate increased investment or perhaps some financial strain. Trade debtors have also decreased by 33%, which is a positive sign. The company's average number of employees increased by 18% to 13, which could be a sign of growth. However, corporation tax payable has increased by a whopping 630%, which is a bit concerning. The company is small and meets two of the three conditions for being classified as such.

The lack of an auditor mentioned suggests the company is exempt from an audit due to its size. The financial data, while not audited, provides a glimpse into the company’s operations—it’s clear that John Boyd Textiles is a business with a long history and a unique product, but it’s also navigating some financial challenges.

Registered in England/Wales under the registration number 01822086, with a registered address at BA7 7DY, Castle Cary, Somerset, Higher Flax Mills, Torbay Road.

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