Welspun Uk Limited

Welspun UK Limited, based in Stockport, UK, is a large holding company with an active status, having been incorporated 25 years ago in January 05, 2000. The company employs 49 people and holds assets valued at £15,930,000. It operates from a real address and is overseen by four directors and one owner. Welspun UK Limited regularly imports and exports various textile products, sets, used clothing, and rags—173 months of import activity and 70 months of export activity have been recorded, the latest being January 01, 2025.

The company is part of a larger group, Welspun Living, a leading textile manufacturer in India. Its website showcases a broad range of capabilities, from design and manufacturing to supply chain analytics, and highlights its focus on innovation, branding, and sustainability. Welspun Living boasts 30 patents—the highest in the industry—and serves as a supplier to the USA, holding a significant presence with brands like Christy and Welspun. The company's operations extend to 50 countries, serving global retailers and marquee customers.

Financially, Welspun UK Limited has experienced some shifts. Current assets have decreased by 35%, falling to £16,000,000, while net assets have increased by 5.6%, reaching £9,200,000. Bank borrowings have decreased by 49%, now at £9,200,000, and cash reserves have increased by 25%, reaching £790,000. Interestingly, director remuneration has increased by 18%, now at £370,000. While creditors have decreased by 19%, suggesting better debt management, the decline in current assets warrants attention. The company’s turnover is reported to be over £36 million, and its balance sheet total is over £18 million, meeting the criteria for a large company. The accounts are audited by AMS Accountants Corporate Ltd.

The company’s focus on sustainability and innovation, as highlighted on its website, suggests a strategic direction aimed at long-term growth. However, the decrease in current assets, while offset by increased cash reserves, could indicate challenges in managing working capital. It's possible that the company is investing in new products or expanding its operations, which could temporarily impact liquidity.

Registered in England/Wales under the registration number 03902741, with a registered address at SK4 1BS, England, Stockport, Cheshire, 6th Floor, Regent House,, Heaton Lane.

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