Luxury Fabrics Limited

Luxury Fabrics Ltd, based in Bradford, UK, is a small, holding company with an active trading status. Established 79 years ago in 1945, the company employs 23 people and holds assets valued at £9,940,000. It operates from a virtual address, a detail worth noting as twenty companies are registered at the same location. Four directors and one owner (though this list may not be exhaustive) manage the business.

The company specializes in importing and exporting wool and animal hair products, with 44 months of import activity and 407 months of export activity recorded—the latest operations took place in February 2025. Its website showcases a range of luxury cloths and fabrics from leading brands, including William Halstead, John Foster, and Kynoch of Scotland. It even has a showroom in Harrods, London. The company’s core business involves weaving of textiles industries.

Financially, Luxury Fabrics Ltd’s numbers present a mixed picture. Current assets increased by 13%, reaching £9.9 million, while net assets grew by 28% to £770,000. However, bank borrowings surged by 2400%, reaching £29,000, and cash reserves fell 45% to £45,000. Trade debtors decreased by 17%, suggesting better debt management. Creditors, however, increased by 9.3% to £39 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s growth in assets is encouraging, but the increase in borrowing and decrease in cash reserves should be monitored. The large increase in creditors, while not necessarily negative, warrants further investigation to understand the terms and conditions of those obligations.

Registered in England/Wales under the registration number 00397155, with a registered address at BD4 7DF, Bradford, West Yorkshire, Ladywell Mills, Hall Lane.

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