Mitchell Interflex Limited

Mitchell Interflex Limited, based in Colne, UK, is a small, holding company with an active status. Established 32 years ago in June 1992, the company employs 33 people and holds assets valued at £2,358,013. It operates from a real address at County Brook Mill, Foulridge, with three directors and one owner. The company regularly imports cotton products, having done so for 22 months, and exports special woven and decorative fabrics, with 11 months of export activity.

Mitchell Interflex specializes in weaving textiles and manufacturing technical and industrial textiles. The company’s website highlights its heritage, family ownership, and commitment to British craftsmanship. It offers a range of interior, heritage, and specialist fabrics, along with bespoke design services, raising, cropping, and CNC cutting. The business also operates a piano restoration division, 1066 Pianos, which is a high-end operation with a showroom in Harrods.

Financially, Mitchell Interflex shows some concerning trends. While bank borrowings decreased by 31%, cash reserves increased by 63% to £34,000, and creditors decreased by 16%, the company’s net assets remained flat at £1.4 million. Current assets decreased by 3.8% to £2.4 million, and trade debtors increased by 8.7% to £1.1 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) allows for flexibility, but the increase in trade debtors could indicate challenges in collecting payments. There is no auditor mentioned, which is common for small companies.

Overall, Mitchell Interflex appears to be navigating a period of change. The company’s diverse operations—textile weaving, piano restoration—and commitment to quality position it well, but the financial data suggests a need for careful management and a focus on improving cash flow.

Registered in England/Wales under the registration number 02724470, with a registered address at BB8 7LT, Colne, Lancs, County Brook Mill, Foulridge.

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