Universal Textiles Uk Ltd

Universal Textiles Uk Ltd, based in Leicester, UK, is a sizable, active company established 16 years ago. With 169 employees and £4.29 million in assets, it generates £26.26 million in revenue annually. This family-run business, overseen by seven directors and five owners, operates as a holding company and boasts a solid 4.0 Google rating from 95 reviews. The company regularly imports and exports clothing and accessories (excluding knitted or crocheted items), with 10 months of import activity and 136 months of export activity.

The company's website reveals it specializes in providing stress-free solutions for international retail, partnering with over 250 brands to sell on global online marketplaces. Pertemba, as the company is also known, highlights the opportunities of expanding to global markets, noting the growth of e-commerce and the importance of trusted marketplaces. It offers services like contract negotiation, technical integration, localized content, shipment management, and currency conversion, addressing common challenges faced by businesses selling internationally. The site also emphasizes compliance with Brexit regulations, a key consideration for UK businesses trading with the EU.

Financially, Universal Textiles Uk Ltd shows a mixed picture. Cash bank on hand dropped by 24% to £1 million, while comprehensive income increased by 29% to £1 million. However, accrued liabilities increased by 14% to £460,000. The company’s staff numbers have decreased significantly, with the average number of employees falling by 26% to 61. While depreciation on property, plant, and equipment has increased, the company’s turnover has grown by a healthy 22%, indicating continued demand for its products. The company’s auditors, Templetons (UK) Ltd, have issued an unqualified opinion, suggesting the financial statements give a true and fair view. It’s clear that while Universal Textiles Uk Ltd is a sizable player in the international retail space, it’s navigating a complex financial landscape and adapting to changing market conditions.

Registered in England/Wales under the registration number 06865782, with a registered address at LE3 1HR, Leicester, 50 Oswin Road.

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