Textile Creative Solutions Limited

Textile Creative Solutions Limited is a small, active company based in Halifax, Nova Scotia, UK, founded ten years ago in 2015. With £1,139,363 in assets and a real registered address, it’s a business run by two directors and a single owner. The company operates in the retail sale of clothing in specialised stores, and it’s a regular importer, with its top import category being Clothing and accessories made by knitting or crocheting, totaling 22 months of imports. The last import operation was conducted on October 01, 2022.

The company’s website, Creative Textile Solutions, provides solutions for all textile needs. It offers a range of services, including awnings, canopies, banners, flags, marine sediment control, and specialty repairs. The site also features a roll goods section and highlights its ability to handle custom repairs. It’s clear that the business caters to both commercial and individual clients, offering a diverse portfolio of textile products and services. The website is managed by Belinda Naugler Adams WiNiTh Web Design.

Financially, Textile Creative Solutions Limited presents a mixed picture. Cash bank on hand has increased significantly by 250%, reaching £880,000. However, creditors have decreased slightly by -2.4%, settling at £1,000,000. Current assets have also decreased by -3.1%, standing at £1,100,000. A notable shift is the increase in debtors, which has grown by 2600%, reaching £110,000. Equity has also decreased by -9.5%, settling at £110,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in debtors suggests potential cash flow challenges. No auditor is mentioned, likely due to exemption as a small company.

In short, Textile Creative Solutions Limited is experiencing a period of change. While cash reserves have grown substantially, the increase in debtors and decrease in equity raise questions about its long-term financial health. The company’s diverse service offerings and strong online presence suggest potential for growth, but careful management of its finances will be crucial.

Registered in England/Wales under the registration number 09393957, with a registered address at EC1V 2NX, England, London, Kemp House, 160 City Road.

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