Nitex Ltd.

Nitex Ltd from London UK is a small company with an active status, founded two years ago. It employs eight people and holds £202,091 in assets, operating from a virtual address. The company has two directors but no reported owners. It's an irregular importer of clothing and accessories made by knitting or crocheting, with just one month of import activity recorded as of September 1, 2024.

The company's website, Nitex Create Collaborate Innovate Protect, showcases a design and production lab focused on sustainable apparel. It provides services to large apparel brands, offering a faster time to market – up to three times quicker – from design concept to ready goods. Nitex emphasizes innovative designs, speed, sustainability, flexible credit systems, and the ability to produce even small orders. It also highlights collaborations with global teams based in London and Barcelona, and boasts a showroom in London.

Financially, Nitex Ltd presents a mixed picture. While cash and bank holdings remain steady at £130,000, current assets have remained the same at £200,000. However, creditors have remained the same at £1,100,000, and net current assets and liabilities are at -£860,000. Equity is at -£850,000. The company’s small size (meeting two of three conditions for a small company) helps it remain agile. The lack of owners and the negative equity, however, suggest potential management challenges. The accounts are unaudited, likely due to its small company status, and no auditor is mentioned. It seems the company is struggling to turn a profit, but its focus on sustainability and speed may help it attract business.

Registered in England/Wales under the registration number 14242829, with a registered address at W1U 7EU, United Kingdom, London, 55 Baker Street.

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