Permess Pre-cut Solutions Ltd

Permess Pre-Cut Solutions Ltd, based in Prudhoe, UK, is a small, holding company with an active status. Established 16 years ago in 2008, it employs 15 people and holds £357,751 in assets. With a real address and managed by a single director and owner, the company regularly imports textile padding, felt, and nonwoven fabrics, special yarns, ropes, and cables – a consistent flow of imports spanning 25 months, the latest in January 2025.

The company’s website reveals a much larger international operation. Permess International specializes in high-quality textile production, focusing on interlinings for menswear, ladieswear, and technical applications. They also offer commission finishing services and a "Sustainables" line emphasizing eco-friendly practices, including solar energy use and organic cotton production. With multiple locations worldwide – including the UK, Hong Kong, Italy, Turkey, and Bangladesh – Permess operates as a global partner, serving trusted brands. The company’s production plant in the Netherlands, for example, utilizes solar energy and is surrounded by trees to absorb CO2 emissions.

Financially, Permess Pre-Cut Solutions Ltd shows a mixed picture. While cash bank on hand increased by 16% to £81,000, and current assets grew by 6.2% to £360,000, net assets only increased slightly by 5.1% to £250,000. Trade debtors increased by a substantial 23%, reaching £160,000, suggesting potentially delayed payments. Bank borrowings decreased, and creditors decreased slightly. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debtors could be a concern. As a small company, it’s exempt from a full audit, so the financial information relies on unaudited director’s reports. The company’s focus on sustainability and global reach, however, points to a long-term strategy, even if short-term finances are a little tight.

Registered in England/Wales under the registration number 06738023, with a registered address at NE42 6HD, Prudhoe, Low Prudhoe Industrial Estate.

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