Marvic Textiles Limited
- Active
- Small
- 88 years
- 15 employees
- £972,989 (cur assets)
- Regular importer
- Regular exporter
- Real address
- 1 director
- No owners
- London
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Marvic Textiles Ltd from London UK is a small, active company with a long history, having been founded 87 years ago in 0ctober 1937. Employing 15 people, the company holds £1,008,934 in assets and operates from a real address. While it has one director, there are no owners listed, which is a bit unusual. Marvic Textiles is a regular importer of special woven and decorative fabrics, bringing in goods for 122 months, and a regular exporter of man-made staple fibers, with 177 months of export activity.
The company's website, Marvic Textiles, describes itself as a provider of “superior furnishing fabrics and wallcoverings” and mentions javascript is required to render. This suggests a fairly traditional, perhaps older, website design that may not be fully optimized for modern e-commerce. It’s not clear if the company actively sells online, or if the website serves primarily as a catalog or marketing tool.
Financially, Marvic Textiles presents a mixed picture. While net assets increased by 14%, reaching £650,000, cash reserves took a significant hit, plummeting 80% to just £16,000. Bank borrowings decreased by 57%, to £28,000, and creditors also fell by 33%, to £370,000, which could be a sign of better debt management. Trade debtors, however, dropped by a substantial 68%, to £34,000, which may indicate delayed customer payments or a change in credit terms. The company’s small size (meeting two of three conditions for being classified as small) helps it remain flexible, but the sharp decline in cash reserves warrants closer attention. As a small company, it is exempt from an audit, so the figures are unaudited.
Registered in England/Wales under the registration number 00332744, with a registered address at SW10 0QJ, England, London, Unit 15 Chelsea Wharf, 15 Lots Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Managers
-
Individual
- 11 months
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
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Satisfaction of charge 1 in fullDownload 1 page pdf report
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Registered office address changed from Unit 3 Westpoint Trading Estate Alliance Road London W3 0RA to Unit 15 Chelsea Wharf 15 Lots Road London SW10 0QJ on 2025-09-09Download 1 page pdf report
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Total exemption full accounts made up to 2024-12-31Download 9 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Marvic Textiles Limited
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