Madison Hosiery Limited

Madison Hosiery Limited, based in Leeds, UK, is a small holding company with an active status, established 31 years ago. The company employs 24 people and holds assets totaling £3,835,740. It’s managed by two directors and two owners, and operates from a real address shared by only two other businesses. Madison Hosiery is a regular importer of clothing and accessories made by knitting or crocheting, with 160 months of import activity recorded, and an irregular exporter of miscellaneous metal items, with just one month of export activity.

The company's website highlights its position as a leading UK hosiery and sock supplier, catering to both branded and own-label retailers. It boasts a global production base, supplying over 20 million pairs of tights and socks annually. The business operates from a 100,000 sq ft distribution centre in Leeds, offering services like labeling and quality control, and even provides design facilities for custom handwriting. They work with retailers, own three brands in the UK market, and have a design facility that can submit CADs within 48 hours.

Financially, Madison Hosiery Limited presents a mixed picture. Current assets have decreased by 21% to £3,800,000, while net assets have fallen by 2.8% to £3,000,000. Bank borrowings have been reduced by 30%, with overdrafts dropping to £120,000. Creditors have also decreased by 30%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in net assets warrants attention. Average employees during the period increased by 75%, from 24 to 42, which could be a sign of expansion or increased workload. There is no auditor mentioned, likely due to its status as a small company.

Registered in England/Wales under the registration number 02894164, with a registered address at LS12 6HE, Leeds, West Yorkshire, Lynda Marilyn House, Mill Green.

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