Nutex Uk Limited

Nutex Wholesalers Ltd, based in South Shields, UK, is a small, active company founded thirteen years ago. With six employees and £436,237 in assets, it operates from a real address within an industrial estate. The business is led by four directors and has one owner, and boasts a perfect 5.0 Google rating based on a single review. Nutex is a regular importer, specializing in cotton products with 100 months of import activity recorded, the last in January 2025.

The company’s website reveals a vibrant online presence focused on patchwork and quilting supplies. It offers a wide range of fabrics, including cottons, batiks, and wide-backings, alongside kits, patterns, and supplies from international brands like Windham, Lecien, and Cosmo Threads. The site also features a New Zealand branch, Nutex NZ, indicating a broader international reach. It’s clear the company caters to a niche market of textile enthusiasts and quilters, offering both wholesale and retail options.

Financially, Nutex Wholesalers Ltd presents a mixed picture. While cash reserves increased by a respectable 11% to £170,000, current assets decreased by nearly 4% to £440,000. Trade debtors have taken a significant hit, falling 23% to £80,000, which could indicate slower customer payments. On the positive side, creditors decreased by 9% to £37,000, suggesting improved debt management. Equity also declined slightly, falling 3% to £430,000. The company’s small size (meeting two of three conditions for being a small company) helps it remain flexible, but the decrease in current assets warrants attention. The company is exempt from an audit, so the financial information is unaudited.

Future minimum lease payments have increased substantially, jumping 340% to £26,000, which could be due to a new lease agreement. The company’s focus on a specialized market and its international presence, however, provide a solid foundation for continued operation.

Registered in England/Wales under the registration number 07848076, with a registered address at NE33 5BZ, United Kingdom, South Shields, Tyne & Wear, Unit 2a Rekendyke Industrial Estate.

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