MIDLANDS TEXTILE LIMITED Financials
- Company number
- 07460607CopyCopy
- Registered office
- 17 Queens Court Trading Estate, Greets Green Road, West Bromwich, West Midlands B70 9EG
- Incorporated
- 06/12/2010
Company snapshot
- Status
- Active
- Employees
- 11 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
8.97%vs 20242024: £148.37K
Total Assets
-1.79%vs 20242024: £467.54K
Cash in Bank
-36.84%vs 20242024: £14.65K
Total Liabilities
-16.56%vs 20242024: £220.25K
Employees
-4vs 20242024: 15
In 2025, MIDLANDS TEXTILE LIMITED reported net assets of £161.67K. The same filing shows total assets of £459.18K, cash in bank of £9.25K and total liabilities of £183.79K. Reported headcount was 11 in 2025. Total Liabilities fell from £220.25K in 2024 to £183.79K in 2025 (-16.56%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
8.97%from £148.37K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MIDLANDS TEXTILE LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+96.6%vs 2023+40.2% a year compound (CAGR)
Cash in Bank
+1058%vs 2023+240% a year compound (CAGR)
Total Assets
+67.9%vs 2023+29.6% a year compound (CAGR)
Total Liabilities
+56.7%vs 2023+25.2% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Cash in Bank+1058%
£799.00 in 2023 to £9.25K in 2025
Every measure that changed in MIDLANDS TEXTILE LIMITED's filings between 2023 and 2025 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MIDLANDS TEXTILE LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 35.21%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 40.03%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 5.03%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 2.01%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MIDLANDS TEXTILE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 105.43K | 121.44K | 82.23K | 148.37K | 161.67K |
| Total Assets£ | 198.98K | 275.62K | 273.43K | 467.54K | 459.18K |
| Cash in Bank£ | 63.44K | 52.80K | 799.00 | 14.65K | 9.25K |
| Total Liabilities£ | 93.56K | 91.20K | 117.25K | 220.25K | 183.79K |
| Employees | 14 | 11 | 11 | 15 | 11 |
MIDLANDS TEXTILE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MIDLANDS TEXTILE LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MIDLANDS TEXTILE LIMITED reported net assets of £161.67K for 2025. That compares with £148.37K in 2024, a change of 8.97%.
MIDLANDS TEXTILE LIMITED reported total assets of £459.18K for 2025. That compares with £467.54K in 2024, a change of -1.79%.
MIDLANDS TEXTILE LIMITED reported cash in bank of £9.25K for 2025. That compares with £14.65K in 2024, a change of -36.84%.
MIDLANDS TEXTILE LIMITED reported 11 employees in 2025, compared with 15 in 2024.
Between 2023 and 2025, MIDLANDS TEXTILE LIMITED's net assets rose by 96.6%, cash in bank rose by 1058%, total assets rose by 67.9% and total liabilities rose by 56.7%. Net assets compounded at 40.2% a year across the two years to 2025, from £82.23K to £161.67K. Reported headcount went from 11 in 2023 to 11 in 2025.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.