Lightowlers Yarns Limited

Lightowlers Yarns Ltd from Holmfirth UK: a small, family-run business, has been a fixture in the textile industry for 65 years. Founded in 7960, the company boasts 32 employees and holds assets totaling £1,746,940. With four directors and four owners, it’s a tight-knit operation with a real address. Lightowlers Yarns regularly imports machinery, boilers, and mechanical appliances—parts, with the last import operation occurring in October 2023—and exports wool and animal hair products, the last shipment going out in February 2025.

The company's core business revolves around the preparation and spinning of textile fibres, a traditional craft with a modern twist. While no website is available for direct analysis, the company’s presence in the industry suggests a focus on wholesale or supply to other textile manufacturers.

Financially, Lightowlers Yarns Ltd presents a mixed picture. Current assets have decreased by 9.6% to £1,700,000, while net assets have fallen 3.6% to £1,500,000. Cash reserves have also declined, dropping 9.7% to £800,000. However, creditors have significantly decreased by 20%, indicating improved debt management. Bank borrowings have also fallen. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Despite the decline in assets, the company's long history and consistent import/export activity suggest resilience. The decrease in creditors is a positive sign, but the drop in cash reserves warrants attention. As a small company, Lightowlers Yarns Ltd is likely exempt from an audit, and the financial statements are unaudited. The company’s continued operation, despite these financial shifts, demonstrates its ability to adapt and persevere in a competitive market.

Registered in England/Wales under the registration number 00656660, with a registered address at HD9 5QQ, Holmfirth, W. Yorkshire, Brigg House Mills, 7 The Cobbles Meltham.

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