Leo Textiles Limited
- Large
- Active
- 44 years
- 54 employees
- £16,843,017 (assets)
- £24,759,122 (revenue)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
- E-commerce
- Rating 4.0 (11)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Phones
Summary
Leo Textiles Ltd, based in Barnstaple, UK, is a well-established company with a long history, founded 44 years ago. Employing 54 people, the firm boasts significant assets (£16.84 million) and generates a yearly revenue of £24.76 million. It’s a large company, meeting two of three criteria for size: turnover exceeding £36 million and balance sheet total over £18 million. The company, active since its incorporation on March 27, 2021, operates an e-commerce site and maintains a 4.0 Google rating from 11 reviews.
Leo Textiles specializes in importing and exporting clothing and accessories—excluding knitted or crocheted items—with 196 months of import activity and 110 months of export activity. The company's website, Leo Workwear, focuses on high-visibility clothing and workwear, serving commercial and industrial customers. It offers a wide range of products, from jackets to safety footwear, and emphasizes quality and customer service.
A review of Leo Textiles’ financial data reveals some interesting trends. While cash reserves increased by a remarkable 350%, to £1.8 million, bank borrowings also surged, reaching £130,000. Creditors increased by 33%, to £4.3 million, suggesting a need to manage debt. However, the company’s administration expenses increased by 11%, to £2.5 million, which could be due to increased marketing efforts or operational costs. Turnover increased by 9.1%, to £25 million. The company's auditor is BK Plus Audit Limited.
Despite some financial pressures, Leo Textiles appears to be a stable and well-managed company. Its focus on high-quality workwear and its strong online presence position it well for continued success. The increase in turnover is a positive sign, but the company will need to carefully manage its debt and expenses to maintain its financial health.
Registered in England/Wales under the registration number 01553406, with a registered address at EX32 8RY, Barnstaple, Devon, 1 Whiddon Drive.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Turner Peter John
- 9 years
- 2
- 50%+
- 🇬🇧
Resident of United Kingdom
Managers
-
Individual
- Turner Peter John
- N/A
- 2
- 🇬🇧
Resident of United Kingdom
-
Individual
- Turner Peter John
- N/A
- 1
- 🇬🇧
Resident of United Kingdom
-
Individual
- Turner Linda
- 24 years
- 🇬🇧
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Full accounts made up to 2024-06-30Download 27 pages pdf report
-
Confirmation statement made on 2024-10-27 with no updatesDownload 3 pages pdf report
-
Full accounts made up to 2023-06-30Download 24 pages pdf report
Leo Textiles Limited controls
Manages
-
Corporate
- Leo Workwear Ltd
- 7 years
- 🇬🇧
Resident of United Kingdom
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Leo Textiles Limited
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