Thomas Kershaw Limited

Thomas Kershaw Ltd, based in Accrington, UK, is a small, active company with a rich history spanning 93 years. Founded in 1931, the firm employs just four people and holds assets worth £829,696. With three directors and a single owner—the solo founder—the company maintains a real address and boasts an impressive Google rating of 5.0 based on one review. Thomas Kershaw Ltd is a regular importer of knitted or crocheted fabrics, with five months of import activity recorded, and a seasoned exporter, having exported these same fabrics for 59 months.

The company's website, though not fully detailed, suggests a focus on textile finishing and wholesale, operating as a research and development hub for Thomas Kershaw Lanka (Private) Limited. This indicates a specialized role within the broader textile industry, likely involving custom lamination and coating applications.

Financially, Thomas Kershaw Ltd presents a mixed picture. Current assets decreased by 2.4% to £830,000, while net assets increased by 6.6% to £860,000. Cash reserves grew by 5.5% to £560,000, a positive sign. However, trade debtors fell by 27%, which could indicate challenges in collecting payments from customers. Creditors also decreased by 28%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility. Bank borrowings increased, and a significant drop in work in progress was observed. As a small company, it is exempt from an audit, relying on unaudited statements.

The company’s financial trends suggest a period of transition, with improved cash flow offset by challenges in receivables. The continued focus on specialized textile services and the connection to Thomas Kershaw Lanka (Private) Limited likely provide a stable foundation for future growth, though careful monitoring of debt collection is advisable.

Registered in England/Wales under the registration number 00259676, with a registered address at BB5 5JQ, United Kingdom, Accrington, Lancashire, Unit 10 Walmesley Court Clayton Business Park, Clayton Le Moors.

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