Wooltex Spinning Company Limited

Wooltex Spinning Company Ltd from Huddersfield, UK, is a small holding company with an active status, established just three years ago in 2021. Employing 36 people, the company holds assets valued at £2,209,551. It operates from a real address and is overseen by seven directors, with one owner reported – though this figure isn’s exhaustive. Google users rate it 4.0 stars based on eight reviews, and it’s a regular importer of machinery, boilers, and mechanical appliances, with the last import activity recorded in March 2025.

The company's website is currently unavailable, making it difficult to ascertain whether it operates an e-commerce platform or primarily functions as a business-to-business supplier. However, the company description indicates it operates in the preparation and spinning of textile fibres industries.

Financially, Wooltex Spinning Company Ltd presents a mixed picture. While net assets decreased by 28% to £800,000, current assets increased by 17% to £2,200,000. Bank borrowings have decreased significantly by 26% to £5,000,000. Cash bank on hand has decreased by 48% to £360,000. Trade debtors have increased by 28% to £760,000. Deferred tax liabilities have increased dramatically by 170% to £980,000. 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 agility, but the decrease in equity warrants attention. The company is audited by Wheawill & Sudworth Limited. The increase in deferred tax liabilities may indicate changes in tax planning or accounting practices.

Registered in England/Wales under the registration number 13465675, with a registered address at HD3 4TG, England, Huddersfield, Woodland Mill Dale Street, Longwood.

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