Northern Flags Limited

Northern Flags Ltd, based in Leeds, UK, is a small, active company established 39 years ago. With 42 employees and £1,884,795 in assets, it’s a well-established player in the textile and printing industries. The company, founded by a solo entrepreneur, operates an e-commerce site and boasts four directors and one owner. It regularly imports textile products, sets, used clothing, and rags—a trend spanning 41 months—and exports printed materials like books, newspapers, and pictures, with six months of export activity.

The company's website highlights its specialization in custom flags and banners, fabric printing, and large-format printing services. It caters to a wide range of clients, from multinational brands to sports and event management companies, offering everything from feather flags and PVC banners to roller banners and exhibition counters. The site emphasizes quality, British craftsmanship, and a wide range of products—a testament to its long-standing presence in the market.

Financially, Northern Flags Ltd shows a mixed picture. Current assets increased by 17%, reaching £1,900,000, while net assets grew by 12%, hitting £570,000. Bank borrowings decreased by 41%, falling to £23,000, and cash reserves increased by 15%, reaching £770,000. Creditors decreased by 16%, suggesting improved debt management. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). Despite a slight increase in employee numbers (up 7% to 45), the company remains agile. No auditor is mentioned, likely due to its small size, so the figures are unaudited.

Overall, Northern Flags Ltd appears to be financially stable, with growing assets and improving cash flow. The increase in employee numbers could indicate expansion, while the company’s long history and diverse product range suggest a resilient business model.

Registered in England/Wales under the registration number 01969361, with a registered address at LS11 0LX, England, Leeds, Units 4 & 5 Millshaw.

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