John Williams Textile Machinery Sales Limited

John Williams Textile Machinery Sales Ltd, based in Leicester, UK, is a small, active company with a 41-year history. Founded in 1983 by a solo entrepreneur, it now employs four people and holds £539,054 in assets. The company, managed by two directors and owned by Williams David John, maintains a real registered address and boasts a stellar 5.0 Google rating from two reviews. It’s a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 13 months of import activity and 10 months of export activity recorded.

The company's website highlights its role as a supplier of knitwear machines, offering both used and new equipment. It provides services like reconditioning, servicing, and shipping, and even sources machines to minimize factory downtime. The website also features a section dedicated to selling machines, and encourages customers to inquire about specific needs. It’s clear that the company focuses on providing a comprehensive service to the knitwear industry, from sourcing to maintenance.

Financially, John Williams Textile Machinery Sales Ltd shows a mixed picture. Current assets increased by 12% to £540,000, while net assets decreased by 5% to £370,000. Cash reserves fell 14% to £240,000, and bank borrowings increased by a significant 80% to £170,000. Trade debtors remained stable, suggesting consistent payment practices. Creditors increased by a substantial 120% to £34,000, which could be due to increased inventory purchases. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in debt warrants attention. No auditor is mentioned, as the company is likely exempt due to its size.

Overall, John Williams Textile Machinery Sales Ltd appears to be a well-established business navigating the challenges of a competitive market. The company's strong reputation and focus on customer service should help it maintain its position, but careful management of its finances will be crucial for long-term success.

Registered in England/Wales under the registration number 01731188, with a registered address at LE1 4BX, Leicester, 57 Craven Street.

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