Tudorknight Limited

Tudorknight Ltd from Manchester UK: a small holding company with an active status, was founded twelve years ago and employs forty-three people. It holds £2,400,258 in assets and operates from a real address with one director and two owners. The company regularly imports and exports clothing and accessories, not knitted or crocheted, with 463 months of import activity and 17 months of export activity.

The company’s website describes Tudorknight Ltd as a family-run business with over thirty-five years of experience in the clothing supply industry. It provides design, development, sourcing, and distribution to retailers globally. The website also mentions a separate venture, 1066 Pianos, a high-end piano restoration business operating from Cambridge with a showroom in Harrods—a surprising diversification from the core clothing supply business. The site encourages potential clients to explore their offerings and even visit, suggesting a focus on building relationships.

Financially, Tudorknight Ltd’s recent performance is mixed. Current assets have decreased by 36%, dropping to £2,400,000, while net losses have increased dramatically, reaching -£2,400,000. Bank borrowings have surged by 93%, reaching £2,000,000, and cash reserves have fallen by 77%, leaving just £86,000. Creditors have increased significantly, rising by 690% to £2,100,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial loss and increased debt suggest a period of financial strain. As a small company, it is exempt from an audit, so the figures are unaudited.

The sharp increase in debt and the significant loss raise concerns about the company's financial health. While the clothing supply business appears to be ongoing, the diversification into piano restoration—and the associated costs—may be contributing to the company's current challenges.

Registered in England/Wales under the registration number 08452495, with a registered address at WA14 4NX, England, Altrincham, Dunham Court, 2 Dunham Road.

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