Texserve U.k. Limited

Texserve Uk Ltd, based in Leyland, UK, is a small, family-run business with an active trading status. Founded nineteen years ago in 2005, it employs four people and holds £43,407 in assets. With a real registered address and three directors overseeing operations, it’s a tight-knit operation with two owners. The company regularly imports machinery, boilers, and mechanical appliances; parts, with 42 months of import activity recorded, the latest in January 2025.

The company operates as agents specializing in the sale of other particular products industries. Its website is not available, so it’s difficult to assess its online presence.

Financially, Texserve Uk Ltd shows some concerning trends. Current assets have fallen by nearly 50% to £43,407, while net assets have plummeted 46% to £32,000. Bank borrowings remain steady at £8,100, but cash reserves have increased by a significant 340% to £2,500. Trade debtors have fallen by 55%, suggesting improved collection efforts, but creditors have also dropped by 73%, which could be a sign of reduced supplier payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in equity raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

While the company appears to be importing regularly, the financial data suggests it's burning through money. The decrease in assets and equity, combined with the increase in bank overdrafts, indicates a potential need for careful financial management. The company’s family ownership and small size offer flexibility, but the management needs to address these trends to ensure long-term sustainability.

Registered in England/Wales under the registration number 05580274, with a registered address at PR25 5LY, England, Leyland, 120 Spring Meadow.

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