Lancashire Textiles Limited

Lancashire Textiles Ltd from Burnley, UK, is a small, holding company with an active status, established 23 years ago. Employing 28 people, the company holds assets valued at £2,169,419. With three directors and one owner, Lancashire Textiles operates a real address and an e-commerce site, earning a solid 4.0 Google rating from 71 reviews. The company regularly imports furniture, lighting, and prefabricated buildings, with the last import operation occurring in December 2023.

The company specializes in the manufacture of other textiles, operating from Cameron Mill, Howsin Street, Burnley. Its website showcases a wide range of bedding and home accessories, including duvets, pillows, mattress toppers, and protectors. A strong emphasis is placed on British-made products, with many items crafted in their Burnley-based factory. The website also highlights a partnership with the Made in Britain network, promoting their commitment to UK manufacturing. They even have a section dedicated to cotton bedding and a guide on selecting the ideal duvet.

Financially, Lancashire Textiles Ltd presents a mixed picture. While net assets increased by 34%, reaching £510,000, cash reserves dropped significantly, falling 30% to £28,000. Bank borrowings have increased dramatically, rising by 90% to £180,000. Creditors have decreased by 2.4%, which could indicate improved debt management. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the rise in borrowings and drop in cash warrants attention. The company is exempt from an audit, so the figures are unaudited.

The company's financial data suggests a period of growth and investment, but also potential strain. The reliance on bank borrowings to fund operations could be a concern, and the decrease in cash reserves requires monitoring.

Registered in England/Wales under the registration number 04233028, with a registered address at BB10 1PP, Burnley, Lancashire, Cameron Mill, Howsin Street.

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