M & J Textiles Limited

M & J Textiles Ltd, based in Blackburn, UK, is a small holding company with an active status, celebrating 21 years since its founding. The company employs 14 people and holds £644,206 in assets, operating from a virtual address shared by 70 other companies. It’s led by two directors and has one owner, boasting a perfect 5.0 Google rating from a single review. The company is an irregular importer, primarily bringing in treated or layered fabrics for industrial use, with the last import occurring one month ago.

The company's website reveals a focus on bespoke soft furnishings and window treatments for commercial projects. They offer full site surveys, made-to-measure services by an experienced team, and a wide range of fabrics. With over 33 years of experience, they cater to commercial sectors, emphasizing quality craftsmanship and personalized service. Their clients include interior designers and furniture companies, highlighting a reputation for reliability and attention to detail.

Financially, M & J Textiles Ltd presents a mixed picture. While cash reserves increased by 32% to £430,000, net assets experienced a significant drop of 58%, settling at £130,000. Bank borrowings vanished entirely, a positive sign, but creditors surged by 120% to £550,000—a considerable increase. Employee numbers decreased by 14%, dropping to 12, and trade debtors fell by nearly 10%. The company's small size (meeting two of three conditions for a small company) allows for agility, but the equity decline and rising creditors suggest potential financial pressures. The lack of an auditor mentioned indicates the company is likely exempt from an audit as a small company, relying on unaudited financial statements.

Registered in England/Wales under the registration number 04788962, with a registered address at BB1 6AY, Blackburn, Lancashire, Mentor House, Ainsworth Street.

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