Swiscot Textiles Limited
Registered name: SWISCOT TEXTILES LIMITED
Part of Icahn Enterprises L.P. groupSwiscot Textiles Limited made £1.7m revenue and a £335k loss in the year to 31 Dec 2025. read from filing text
Swiscot Textiles Limited’s revenue fell 82% to £1.7m in the year to 31 Dec 2025, with a loss of £335k and 5 employees. The company is classified under “wholesale of textiles” and is based in Blackburn; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Blackburn, North West
- Age
- 59 yrs · since 1967
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The largest group in which the results of the company are consolidated is that headed by Vision Linens Global Limited, a company incorporated in the UK with the same registered address as the company.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £10.6m | £10.4m | £9.7m | £1.7m |
| Cost of sales | £8.4m | £8.2m | £7.7m | £1.7m |
| Gross profit | £2.2m | £2.2m | £2.1m | £30.9k |
| Operating profit | £244k | £243k | £65.4k | −£297k |
| Profit before tax | £83.7k | −£5.6k | −£195k | −£433k |
| Profit after tax | £56.7k | £13.5k | −£162k | −£335k |
| Profit (best available) | £56.7k | £13.5k | −£162k | −£335k |
| Staff costs | £893k | £1m | £1.1m | £64.3k |
| Employees (average) | 30 | 26 | 32 | 5 |
| Ratios | ||||
| Profit margin | 0.5% | 0.1% | −1.7% | −19.6% |
| Gross margin | 20.8% | 21.4% | 21.1% | 1.8% |
| Revenue per employee | £354k | £400k | £304k | £341k |
| Profit per employee | £1.9k | £518 | −£5.1k | −£67k |
| Cash conversion | 104% | −343.1% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼1.9% | ▼6.5% | ▼82.5% |
| Profit growth | — | ▼76.3% | ▼1305% | — |
| Headcount growth | — | ▼13.3% | ▲23.1% | ▼84.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £375k | £133k | £301k | £739 |
| Net assets | £3m | £3.3m | £3.1m | £2.8m |
| Fixed assets | £1.4m | £1.7m | £1.6m | £1.6m |
| Current assets | £7.3m | £6.5m | £5.3m | £3m |
| Debtors | £2.7m | £2.2m | £2.9m | £0 |
| Deferred income | — | £829k | £576k | £18.9k |
| Cash from operations | £254k | −£834k | — | — |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −19.6%
- Profit ÷ revenue.
- Gross margin
- 1.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £341k
- Revenue ÷ average employees.
- Profit per employee
- −£67k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 92.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼11%
- Now £2.8m
- Cash at bank
- ▼100%
- Now £739
- Headcount
- ▼84%
- Now 5
- Deferred income
- ▼97%
- Now £18.9k
- Fixed assets
- ▼3%
- Now £1.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Icahn Enterprises L.P. (registered outside the UK register)ultimate parent75–100%
- Vision Linens Global Limited75–100%
- Swiscot Textiles Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Vision Linens Group LimitedRev. £154k · Profit −£357k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Technocraft International LimitedBroadstone Road · Wholesale of textiles
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- £1.8m
- Profit
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- Staff
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- Profit
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- Holzweiler UK LimitedSutton Coldfield · Wholesale of textiles
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- Profit
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- Friedman's LimitedAltrincham · Wholesale of textiles
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- £4.4m
- Profit
- £148k
- Staff
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- Lewis & Co. (Fabrics) LimitedLondon · Wholesale of textiles
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- £4.6m
- Profit
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- Hunter Anderson LimitedHarrogate · Wholesale of textiles
- Revenue
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£335k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.