SARTEX QUILTS & TEXTILES LIMITED
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-07-31
Confirmation statement due
2026-09-14 (in 4mo)
Last made up 2025-08-31
Watchouts
None on the register
Cash
£4M
+21.3% vs 2023
Net assets
£4M
+8.9% vs 2023
Employees
60
-14.3% vs 2023
Profit before tax
£867K
+50.7% vs 2023
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-07-31
| Metric | Trend | 2018-07-31 | 2019-07-31 | 2020-07-31 | 2021-07-31 | 2022-07-31 | 2023-07-31 | 2024-07-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £11,490,826 | £10,386,574 | |
| Operating profit | — | — | — | — | — | £575,636 | £743,548 | |
| Profit before tax | — | — | — | — | — | £575,605 | £867,347 | |
| Net profit | — | — | — | — | — | £448,807 | £693,079 | |
| Cash | — | — | — | — | — | £3,685,655 | £4,470,462 | |
| Total assets less current liabilities | — | — | — | — | — | £4,024,367 | £4,408,771 | |
| Net assets | — | — | — | — | — | £3,840,023 | £4,183,102 | |
| Equity | — | — | — | £2,658,313 | £3,741,216 | £3,840,023 | £4,183,102 | |
| Average employees | — | — | — | — | — | 70 | 60 | |
| Wages | — | — | — | — | — | £1,306,700 | £1,396,776 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-07-31 | 2019-07-31 | 2020-07-31 | 2021-07-31 | 2022-07-31 | 2023-07-31 | 2024-07-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 5.0% | 7.2% | |
| Net margin | — | — | — | — | — | 3.9% | 6.7% | |
| Return on capital employed | — | — | — | — | — | 14.3% | 16.9% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 57.8% | 54.2% | |
| Current ratio | — | — | — | — | — | 1.31x | 1.37x | |
| Interest cover | — | — | — | — | — | 18.45x | 21.90x |
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
- 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 2024 the company had bonds/letters of credits/bankers acceptances outstanding of £159,553 (2023: £nil).”
- “During the year the company incurred research and development expenditure, the benefits of which are anticipated in the near future. The company's research and development activities involve the development of new products, new processes, quality improvement of existing products and cost reduction programs.”
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 102 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 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 | |
| 2019-07-08 | AA | accounts | Accounts with accounts type full |
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-07-31 vs 2023-07-31
-
Turnover
-9.6%
£11,490,826 £10,386,574
-
Cash
+21.3%
£3,685,655 £4,470,462
-
Net assets
+8.9%
£3,840,023 £4,183,102
-
Employees
-14.3%
70 60
-
Operating profit
+29.2%
£575,636 £743,548
-
Profit before tax
+50.7%
£575,605 £867,347
-
Wages
+6.9%
£1,306,700 £1,396,776
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers