Severnside Fabrics Limited

Severnside Fabrics Ltd from Bristol UK: small company, holding company, active status, founded 52 years ago, 21 employees, £3,328,903 assets, real address, 6 directors, 1 owner. Regular importer of iron or steel products (43 months imported). Regular exporter of textile padding, felt, and nonwoven fabrics; special yarns; ropes and cables (113 months exported). It's a small, established business, operating as a holding company with a solid 52-year history. Currently, the company employs 21 people and holds a substantial £3,328,903 in assets. With a real address and six directors, it's a well-structured operation, overseen by a single owner.

The company's business model involves both importing and exporting. It regularly brings in iron or steel products, with 43 months of import activity recorded, and exports textile padding, felt, nonwoven fabrics, special yarns, ropes, and cables—a consistent 113 months of export activity. The last import and export operations both took place in February 2025. The company operates in the manufacture of other technical and industrial textiles industries.

Financially, Severnside Fabrics Ltd shows some interesting trends. Current assets have increased by 21% to £3,300,000, while net assets have risen by 7.5% to £2,500,000. Cash reserves, however, have taken a hit, falling 70% to just £20,000. Bank borrowings have also increased, rising by 11% to £94,000. Trade debtors have remained steady, but creditors have increased significantly, rising by 58% to £1,100,000. The average number of employees has increased by 33%, reaching 28, which could be a sign of growth or increased workload. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s financial statements were audited by Albert Goodman LLP.

The company’s financial performance suggests it’s growing, but also facing some cash flow challenges. The increase in creditors and the decrease in cash reserves could indicate a need to manage working capital more effectively. The increase in employees suggests the company is expanding its operations, which is a positive sign, but also requires careful financial management.

Registered in England/Wales under the registration number 01093949, with a registered address at BS5 7DR, Bristol, Gordon Road, Whitehall.

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