Textile Wise Ltd

Textile Wise Ltd from Rochdale UK: small company, active status, founded 4 years ago, £9,859 assets, real address, 1 director, 1 owner, google rating 5.0 based on 6 reviews. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director and no number of employees published.

Wiseworld Enterprises Textiles Ltd, based in Rossendale, UK, is a textile supplier with a strong online presence. The company’s website details a wide range of products, including spunbond, woven polypropylene, hessian, scrims, webbing, sandbags, and hessian fabrics. They boast dedicated sourcing agents in India, Bangladesh, and China, allowing them to offer competitive prices. With over 30 years of experience, Wiseworld Enterprises has been supplying textile materials to the UK and European marketplace. They offer processing services like slitting, rerunning, and crease rolling, up to widths of 5 metres, and have a large warehouse with dedicated transport service. The company's website is well-organized and easy to navigate, with clear product descriptions and contact information.

Financially, Textile Wise Ltd shows a mixed picture. Current assets increased by 73%, reaching £9,900, while net assets also improved, rising to £970. However, cash reserves increased by 46%, reaching £2,000. Trade creditors decreased by -4.2%, suggesting improved debt management. Loans from directors decreased by -3.9%, reaching £20,000. The company’s small size helps it remain agile, but the decline in property plant equipment -18% raises questions. With no auditor mentioned, the figures rely on unaudited statements. The company’s equity has improved dramatically, going from a loss of £670 to a positive £970. It’s a good sign, but the business will need to keep an eye on its expenses.

Registered in England/Wales under the registration number 12941978, with a registered address at OL11 2RZ, England, Rochdale, 156 Hill Top Drive.

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