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Edward Taylor Textiles Ltd

07820106

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

EDWARD TAYLOR TEXTILES, BLACKBURN, BB1 5PF
Incorporated 24/10/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

13923
Manufacture of household textiles
14120
Manufacture of workwear
14131
Manufacture of men's outerwear
14132
Manufacture of women's outerwear

Officers

Mr Ilyas Ismail Patel

secretary · Since 24/10/2011

Also on 5 other boards

Mr Ilyas Ismail Patel

director · Since 24/10/2011

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 5 other boards

Persons with Significant Control

Edward Taylor Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Edward Taylor Textiles Limited, Philips Road, Blackburn, BB1 5PF

Reg: 14090040 · Companies House · Company Limited By Shares

Notified 28/09/2022

Former PSCs

Mr Ilyas Ismail Patel

Ceased 28/09/2022

Mubarak Ismail Patel

Ceased 31/05/2020

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 27/10/2021Registered 28/10/2021
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/06/2015Registered 08/06/2015Satisfied 25/11/2020
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 16/07/2012Registered 18/07/2012Satisfied 23/08/2022

CompanyRankvs 30+ SIC 13923 peers
72

Financial strength99th percentile among SIC peers · 25/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 7.4× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

£2.5M

Balance sheet strength

Cash

£782k

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£2.4M

Current Liabilities

£326k

Fixed Assets

£534k

Debtors

£1.1M

1avg. employees-94

Tax at Year End

Corp tax£123k

Balance Sheet

Assets less current liabilities£2.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20257.40-£216k
20248.40+£210k
20234.08-£434k
20224.46+£534k
20215.10+£1.1M
20205.12+£408k
20192.10+£208k
20181.58

Derived from filed accounts. Not audited figures.