WOOLTEX SPINNING COMPANY LIMITED
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Cash
£321k
-65.2% lowest in 4 filed years
Net assets
-£382k
+52% highest in 4 filed years
Employees
61
+8.9% vs 2024
Profit before tax
£551k
+12,152.6% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The company achieved a net profit for the year of £413,623. Net liabilities at 31 December 2025 had reduced to £381,908. It has received written confirmation of ongoing financial support from the parent company adequate to enable the business to continue trading
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | — | £6,799,809 | £8,858,273 | +30.3% | |
| Operating profit | — | — | £4,027 | £551,355 | +13,591.5% | |
| Profit before tax | — | — | £4,498 | £551,123 | +12,152.6% | |
| Net profit | — | — | £2,998 | £413,623 | +13,696.6% | |
| Cash | £689,147 | £357,890 | £922,426 | £321,407 | -65.2% | |
| Total assets less current liabilities | £6,059,726 | £5,205,761 | £5,461,355 | £3,822,878 | -30% | |
| Net assets | -£1,115,718 | -£798,529 | -£795,531 | -£381,908 | +52% | |
| Equity | -£1,115,718 | -£798,529 | -£795,531 | -£381,908 | +52% | |
| Average employees | 36 | 62 | 56 | 61 | +8.9% | |
| Wages | — | — | £1,693,287 | £1,972,671 | +16.5% | |
| Directors' remuneration | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 0.1% | 6.2% | |
| Net margin | — | — | 0.0% | 4.7% | |
| Return on capital employed | — | — | 0.1% | 14.4% | |
| Gearing (liabilities / total assets) | 115.7% | 111.5% | 111.6% | 106.4% | |
| Current ratio | — | — | 2.00x | 1.09x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Wheawill & Sudworth Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The company achieved a net profit for the year of £413,623. Net liabilities at 31 December 2025 had reduced to £381,908. It has received written confirmation of ongoing financial support from the parent company adequate to enable the business to continue trading”
Significant events
- “The company entered into a non-cancellable sale and lease back transaction arrangement with Lloyds Bank on 25 June 2025. The company sold solar panels at value of £166,339”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ADAMS, Steven James | Director | 2025-03-05 | Dec 1978 | British |
| BROOK, Richard David | Director | 2021-06-18 | Jan 1971 | British |
| SHIRLEY, Sarah Jane | Director | 2021-06-18 | Sep 1961 | British |
| TIMMINS, Peter | Director | 2021-06-18 | Nov 1953 | British |
| WINROW, Carl | Director | 2021-06-18 | Nov 1980 | British |
| WOOD, Laura | Director | 2025-03-05 | Feb 1992 | British |
| KVADRAT A/S | Corporate Director | 2021-06-18 | — | — |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Wooltex Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-06-18 | Active |
Filing timeline
Last 19 of 19 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-25 | AA | accounts | Accounts with accounts type full | |
| 2026-07-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-07-20 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-06-17 | CH01 | officers | Change person director company with change date | |
| 2026-06-09 | CH01 | officers | Change person director company with change date | |
| 2025-09-10 | AA | accounts | Accounts with accounts type medium | |
| 2025-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-09 | AA | accounts | Accounts with accounts type small | |
| 2024-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-02 | AA | accounts | Accounts with accounts type small | |
| 2023-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-01 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-07-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-06-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-17 | AA01 | accounts | Change account reference date company previous shortened | |
| 2022-02-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-06-18 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.