BASIC TEXTILES LTD
Company number 10855717 · Active · Leicester LE5 5FG
BASIC TEXTILES LTD is an active private limited company (company number 10855717) incorporated on 7 July 2017, registered in Leicester. Its registered activity is wholesale of textiles (SIC 46410). Latest micro accounts cover the period ending 31 July 2025, showing net assets of −£68k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 54% on the prior period (−£44k).
By net assets it sits in the bottom quarter of 99 comparable companies in Leicester (median £11k, upper quartile £170k).
Key dates
- Incorporated
- 7 July 2017
- Next accounts due
- 30 April 2027 — in 194 days
- Confirmation statement due
- 21 July 2027 — in 276 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 46410
- Wholesale of textiles
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 July 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 July 2025 | −£68k | — | — | £93k | — | — | 2 |
| 31 July 2024 | −£44k | — | — | £88k | — | — | 2 |
- Current ratio
- 0.28 — current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
Firmoscan score: 27/100 (grade E)
- -15 Negative net assets — Net assets £-67,670 at 2025-07-31
- -8 Net assets falling — -54.2% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.28
- +8 Established — Incorporated 2017-07-07 (9 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Mohammed Hussain Talati — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 7 July 2017
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Leicester
Same activity (wholesale of textiles), closest in incorporation date.
- AMIR APPAREL LTD — Leicester, inc. Aug 2017
- VOI INT LIMITED — Leicester, inc. Mar 2017
- REFLECT TRADING LIMITED — Leicester, inc. Nov 2017
- OUTFIT CLOTHING LIMITED — Leicester, inc. Jan 2017
- AVCOCHEM UK LIMITED — Leicester, inc. Dec 2016
- AYCEM TEXTILES UK LIMITED — Leicester, inc. Mar 2018
Reminders for BASIC TEXTILES LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.