Whistler Leather Ltd

Whistler Leather Ltd from London UK: a small, active company founded 14 years ago, employs five people, and holds £1,276,800 in assets. With three directors and three owners, it operates from a real address and has a long history of importing raw hides and skins (though only for one month in 2016) and regularly exporting leather goods, travel bags, and animal harnesses (last export in 2019). The company’s website showcases a celebration of colour and texture, offering more than 50 ranges and 500 colours of upholstery leather. It also works with leading designers and specifiers, bringing their ideas to reality.

Whistler Leather's business model centres around the manufacture of other furniture industries. The company’s website highlights a focus on luxury upholstery leather, with a new collection for 2025, and even a presence in Harrods through its piano restoration division. It’s a small company, meeting two of three conditions for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Whistler Leather Ltd presents a mixed picture. While current assets increased by 75% to £1.3 million, net assets declined by 49% to -£64,000—a worrying trend. Bank borrowings increased by 2.5% to £10,000, and creditors surged by a massive 150% to £830,000. Trade debtors also increased significantly, by 130% to £990,000. The company's lack of auditor (likely exempt due to its size) means the figures are unaudited. The increase in creditors and debtors, alongside the negative equity, suggests the company may be burning through cash to maintain operations, although the increase in current assets is a positive sign. It’s a situation that warrants close monitoring.

Registered in England/Wales under the registration number 07250728, with a registered address at SW10 0RJ, England, London, 140 Lots Road.

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