Preform (technical) Textiles Ltd

Preform Technical Textiles Ltd, based in Derby, UK, is a small, active company founded two years ago in 2022. With three employees and £579,272 in assets, it operates from a real address and is managed by three directors and owners. The company is an irregular importer of glass and glassware (two months of imports) and a regular exporter (three months of exports), with the latest export activity recorded in December 2024.

The company’s website details a specialist manufacturer of knitted industrial textiles, utilizing 3D knitting technology to create purpose-built fabrics and preforms for various applications, including aerospace, automotive, and medical industries. They offer tapes, tubing, thermal insulation, and protective fabrics, emphasizing an innovative approach and fabric engineering expertise. A key selling point is their ability to eliminate fabrication needs, saving handling time and reducing waste – a benefit for customers using their preformed or shaped articles. They offer a comprehensive range of machine gauges and are quality accredited to ISO 9001:2015.

Financially, Preform Technical Textiles Ltd presents a mixed picture. Cash reserves have increased significantly by 160% to £370,000, which is good news. However, current assets have decreased slightly by 6.9% to £580,000. Trade debtors have fallen dramatically by 73%, which could be a positive sign of improved collections, but it could also indicate a slowdown in sales. Creditors have decreased by 38%, suggesting better debt management. The company’s average number of employees has increased by 33% to four, indicating a slight expansion. While the company meets the criteria to be considered small (turnover under £10.2 million, assets under £5.1 million, fewer than 50 employees), the decrease in trade debtors warrants closer attention. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 14198905, with a registered address at DE21 4AY, United Kingdom, Derby, Derbyshire, Unit 5 Centurion Way Business Park, Alfreton Road.

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