Small World Textiles Limited

Small World Textiles Ltd, based in Glasgow, UK, is a small holding company with an active status, having been founded twelve years ago in 2013. The company employs four people and holds £754,749 in assets, operating from a virtual address shared by thousands of other businesses. Two directors and two owners (though the full list may be larger) manage the operations. It’s a regular importer, primarily of textile products, used clothing, and rags, with 75 months of import activity recorded, the last in February 2025.

The company's website reveals a much larger operation than its size might suggest. Small World Textiles isn’t just a textile importer; it’s a global design and manufacturing business. It operates nine offices, sources from sixteen countries, and sells to retailers and consumers across thirteen countries. The business emphasizes ethical practices, including solar-powered factories and carbon offsetting, and boasts partnerships with well-known brands like MM Linen and Kew Gardens. It offers a full complement of design services and even manages 26 factories across three continents, specializing in household textiles. The website highlights a commitment to sustainability and a family-owned culture.

Financially, Small World Textiles Ltd presents a mixed picture. Current assets decreased by 11% to £750,000, while net assets grew by 20% to £540,000. Bank borrowings, however, dramatically decreased by 110%, reaching a negative £19,000—a significant shift. Creditors increased by 88%, suggesting a reliance on trade credit. Cash reserves remained relatively stable at £250,000. 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 flexibility, but the changes in borrowing and creditors warrant attention. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Small World Textiles Ltd seems to be navigating a period of transition. While the website showcases a thriving global operation, the financial data suggests a need for careful management of liabilities and a focus on sustainable growth.

Registered in Scotland under the registration number SC441851, with a registered address at G2 4JR, Scotland, Glasgow, 272 Bath Street.

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