Tex-style Limited

Tex-Style Limited, based in Mansfield, UK, is a small, active company founded thirteen years ago. With just one employee and £48,106 in assets, it operates as a solo founder venture with two directors overseeing operations. The company’s real address is registered at Unit 20 Kings Mill Way, and it maintains a 5.0 Google rating from six reviews. Tex-Style Limited is a regular importer, specializing in special woven and decorative fabrics, with import activity spanning six months, the last operation occurring in March 2023.

The company’s website, Texstyle.ie, showcases a range of bedding and homeware products, including sheets, pillowcases, silk duvets, and towels. It operates both as a retailer and a wholesaler, supplying shops across Ireland and acting as the main distributor for Belledorm, a premium bedding brand. The website also highlights its own brand, Sleepyheadz, and emphasizes its expertise in bedroom textiles, boasting over forty years of experience. Tex-Style Limited caters to both retail customers and the contract sector, offering wholesale pricing for hotels, guest houses, and student accommodations.

Financially, Tex-Style Limited’s report reveals a mixed picture. Current assets have decreased by 8.8% to £48,000, while net assets have plummeted 75% to just £4,300. Bank borrowings have reduced by 10%, and cash reserves have increased by 57% to £11,000. Creditors have increased significantly by 45%, and trade debtors have decreased by 21%. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in equity is concerning. No auditor is mentioned, meaning the figures are unaudited.

The company’s focus on imported fabrics and its distribution partnerships suggest a reliance on external suppliers. While the website’s professional presentation and positive customer reviews are encouraging, the financial data indicates a company that is struggling to build sustainable profitability—although the increase in cash reserves offers a glimmer of hope.

Registered in England/Wales under the registration number 07744514, with a registered address at NG18 5ER, Mansfield, Nottinghamshire, Unit 20 Kings Mill Way.

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