N.a.kabbani Limited

Na Kabbani Textiles Ltd, based in Manchester, UK, is a small, active company founded six years ago. With three employees and £512,262 in assets, it operates from a virtual address – a point to note as forty companies are registered at the same location. The business is a family affair, run by two directors and two owners, with a solo founder at its helm. The company regularly imports and exports wool and animal hair products, with 21 months of import activity and 32 months of export activity recorded, the latest in December 2023.

Kabbani Textiles operates as a wholesale textile merchant, showcasing a wide range of fabrics from UK and Italian mills on its website. The site highlights luxury brands like Dormeuil, Loro Piana, and Ermenegildo Zegna, alongside more affordable discount lines. The business also has a physical presence, with a showroom in London and operations based out of Salford, Manchester. The website emphasizes its history, dating back to 1949, and its commitment to quality and customer service.

Financially, the company shows a mixed picture. Current assets increased by 22% to £510,000, while net assets grew by 38% to £350,000. Cash reserves saw a significant boost, increasing by 30% to £390,000. However, bank borrowings decreased by 17%, reaching £26,000. Trade creditors rose by 19%, to £99,000, and other debtors increased by 110%, to £9,500. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the rise in creditors suggests a need to manage supplier payments carefully. As a small company, it’s exempt from an audit, so the financial data is unaudited.

Overall, Na Kabbani Textiles Ltd appears to be a stable, family-run business with a long history in the textile industry. While the financial figures show positive trends, ongoing monitoring of cash flow and supplier relationships will be important for continued success.

Registered in England/Wales under the registration number 11384205, with a registered address at M25 0JW, England, Manchester, Parkgates Bury New Road, Prestwich.

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