Majestic Towels Limited

Majestic Towels Ltd from Birmingham, UK, is a small, family-run business with an active status, celebrating 49 years since its founding in 1975. Employing just six people, the company holds £1,303,963 in assets and operates from a real address. With two directors and two owners, it’s a tight-knit operation, bolstered by an e-commerce site and a respectable Google rating of 4.0 based on twelve reviews. Majestic Towels regularly imports various textile products, sets, used clothing, and rags—a consistent pattern over the last 145 months—and has recently begun exporting similar items, with seven months of export activity recorded.

The company's website showcases a diverse range of products, from towels and robes to health and beauty items, memory foam products, and disposables. It caters to both consumer and professional markets, with dedicated sections for hairdressers, spas, and salons. The site emphasizes quality, competitive pricing, and fast delivery, with customer testimonials highlighting exceptional service and product quality. It’s clear Majestic Towels aims to be a one-stop shop for textiles and related supplies.

Financially, Majestic Towels Ltd presents a mixed picture. While current assets increased by a modest 10% to £1,300,000, cash reserves declined by 20% to £660,000. Trade debtors have surged dramatically, increasing by 1,800% to £310,000—a potentially concerning trend. Creditors have also risen, increasing by 48% to £98,000. The company’s small size—meeting two of three criteria for a small company—helps it remain agile. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Majestic Towels Ltd seems to be holding its own, though the significant increase in debtors suggests a need for closer monitoring of payment collections. The company’s long history, family ownership, and diverse product range provide a solid foundation for continued success, but managing cash flow will be crucial in the years ahead.

Registered in England/Wales under the registration number 01235595, with a registered address at B11 1XA, Birmingham, West Midlands, Britannia House, Mole Street Spark Brook.

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