Sportex Clothing Company Limited

Sportex Clothing Company Ltd, based in Nelson, UK, is a small, active business established 19 years ago. With 12 employees and £4,433,560 in assets, it operates from a real address and is managed by three directors and two owners. The company’s Google rating stands at a perfect 5.0 based on four reviews, and it runs an e-commerce site. It's a regular importer, specializing in clothing and accessories made by knitting or crocheting, with 127 months of import activity recorded.

The company's wholesale activities focus on clothing and footwear, operating within the wholesale trade industry. It’s a family-run business, with Iqbal Javed and Khan Sana-ullah listed as owners, and the same individuals serving as directors. The company’s website, while minimal, highlights its focus on supplying wholesale clients.

Financially, Sportex Clothing Company Ltd presents a mixed picture. While current assets increased by 9.3% to £4,400,000, net assets grew by only 9% to £3,300,000. Bank borrowings decreased by 11% to £180,000, and cash reserves fell by a significant 60% to £240,000. Trade debtors increased by 39%, which could indicate a shift in payment terms or increased sales. 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 decline in cash reserves warrants attention. The unaudited figures, as a small company exempt from audit, rely on director-reported data.

Despite the challenges, Sportex Clothing Company Ltd maintains a strong online presence and a positive customer rating. Whether it can sustain its growth trajectory remains to be seen, but its focus on importing specialized clothing and accessories positions it well within its niche market.

Registered in England/Wales under the registration number 05760397, with a registered address at BB9 8AQ, Nelson, Lancashire, Malvern Mill, Waterford Street.

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