Newton Textiles Limited

Newton Textiles Limited, based in Wellingborough, Northamptonshire, is a small, active company founded twenty years ago in 2004. Employing just four people, the business operates from a real address and is led by four directors, with Wills Mark Christopher as the sole owner. It's a solo founder story. The company regularly imports and exports treated or layered fabrics for industrial use, with 173 months of import activity and 19 months of export activity recorded, the latest in February 2025.

The company’s website, while not providing extensive details, suggests a wholesale operation focused on textiles. It operates in the wholesale of textiles industries. Officially, it has one owner or PSCs, four directors, and four employees.

Financially, Newton Textiles Limited shows a mixed picture. Cash bank on hand remains steady at £270,000, but creditors have decreased by 11% to £310,000. Trade debtors, however, have significantly increased by 37% to £530,000, which could indicate a growing customer base or potentially delayed payments. Equity has also improved, increasing by 19% to £920,000. While finished goods for resale have decreased by 8% to £420,000, fixed assets have increased by 10% to £17,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company's accounting standards applied are F R S. The company is entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. It's clear that the business is holding its own, but the increase in debtors should be monitored closely.

Registered in England/Wales under the registration number 05243401, with a registered address at NN8 4HL, Northamptonshire, 31-32 High Street, Wellingborough.

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