SARTEX QUILTS & TEXTILES LIMITED
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Cash
£1.1m
-75.2% lowest in 6 filed years
Net assets
£4.3m
+1.9% highest in 6 filed years
Employees
66
+10% vs 2024
Profit before tax
£522k
-39.8% vs 2024
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-07-31
| Metric | Trend | 2020-07-31 | 2021-07-31 | 2022-07-31 | 2023-07-31 | 2024-07-31 | 2025-07-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £9,274,956 | £10,692,077 | £12,185,058 | £11,490,826 | £10,386,574 | £6,517,898 | -37.2% | |
| Operating profit | £176,240 | £1,659,466 | £400,493 | £575,636 | £743,548 | £380,460 | -48.8% | |
| Profit before tax | £107,972 | £1,646,860 | £376,378 | £575,605 | £867,347 | £521,902 | -39.8% | |
| Net profit | £71,832 | £1,459,756 | £329,278 | £448,807 | £693,079 | £430,351 | -37.9% | |
| Cash | £2,039,812 | £2,761,919 | £2,990,266 | £3,685,655 | £4,470,462 | £1,107,735 | -75.2% | |
| Total assets less current liabilities | £2,883,086 | £4,010,461 | £4,003,358 | £4,024,367 | £4,408,771 | £4,385,028 | -0.5% | |
| Net assets | £2,602,182 | £3,761,938 | £3,741,216 | £3,840,023 | £4,183,102 | £4,263,453 | +1.9% | |
| Equity | £2,602,182 | £3,761,938 | £3,741,216 | £3,840,023 | £4,183,102 | £4,263,453 | +1.9% | |
| Average employees | 98 | 93 | 74 | 70 | 60 | 66 | +10% | |
| Wages | £1,627,875 | £1,641,371 | £1,374,450 | £1,306,700 | £1,396,776 | £1,320,133 | -5.5% | |
| Directors' remuneration | £86,794 | £78,374 | £86,832 | £95,260 | £104,780 | £110,240 | +5.2% |
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 | 2020-07-31 | 2021-07-31 | 2022-07-31 | 2023-07-31 | 2024-07-31 | 2025-07-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 1.9% | 15.5% | 3.3% | 5.0% | 7.2% | 5.8% | |
| Net margin | 0.8% | 13.7% | 2.7% | 3.9% | 6.7% | 6.6% | |
| Return on capital employed | 6.1% | 41.4% | 10.0% | 14.3% | 16.9% | 8.7% | |
| Gearing (liabilities / total assets) | — | — | — | 57.8% | 54.2% | — | |
| Current ratio | — | — | — | 1.31x | 1.37x | 1.39x | |
| Interest cover | 2.28x | 38.51x | 10.10x | 18.45x | 21.90x | 6.52x |
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.
Name history
Renamed 1 time since incorporation
- SARTEX QUILTS & TEXTILES LIMITED 1995-04-13 → present
- ALBION TEXTILES (ROCHDALE) LIMITED 1992-05-15 → 1995-04-13
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Ashworth Moulds
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “At 31 July 2025 the company had bonds/letters of credits/bankers acceptances outstanding of £58,651 (2024: £159,553).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AHMED, Maqbool | Secretary | 1992-05-15 | — | British |
| AHMAD, Maqsood | Director | 1992-07-08 | Feb 1961 | British |
| AHMED, Maqbool | Director | 1992-05-15 | Sep 1952 | British |
| ALI, Zulfiqar | Director | 1992-05-15 | Sep 1953 | British |
| GAUHAR, Shahnawaz | Director | 2010-07-27 | Apr 1979 | British |
| KHALID, Saleem | Director | 1995-11-24 | Jun 1962 | British |
| RANDHAWA, Iftikhar Ahmed | Director | 1995-11-24 | Sep 1963 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRITANNIA COMPANY FORMATIONS LIMITED | Corporate Nominee Secretary | 1992-05-15 | 1992-05-15 |
| DEANSGATE COMPANY FORMATIONS LIMITED | Corporate Nominee Director | 1992-05-15 | 1992-05-15 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 103 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-27 | AA | accounts | Accounts with accounts type full | |
| 2026-02-11 | CH01 | officers | Change person director company with change date | |
| 2025-09-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-31 | AA | accounts | Accounts with accounts type full | |
| 2024-10-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-30 | AA | accounts | Accounts with accounts type full | |
| 2023-09-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-28 | AA | accounts | Accounts with accounts type full | |
| 2022-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-29 | AA | accounts | Accounts with accounts type full | |
| 2021-09-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-30 | AA | accounts | Accounts with accounts type full | |
| 2020-09-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-04-30 | AA | accounts | Accounts with accounts type full | |
| 2019-12-24 | CH01 | officers | Change person director company with change date | |
| 2019-12-24 | CH01 | officers | Change person director company with change date | |
| 2019-12-24 | CH01 | officers | Change person director company with change date | |
| 2019-12-24 | CH01 | officers | Change person director company with change date | |
| 2019-12-24 | CH03 | officers | Change person secretary company with change date | |
| 2019-09-03 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.