MINERVA FABRICS LIMITED
Company number 04703503 · Monitor this company
Executive summary
Minerva Fabrics Limited presents a concerning financial picture despite its £3.1M net asset position: the company is suffering from critical liquidity anemia with a quick ratio of just 0.03:1 and cash reserves that have fallen 92% since 2021 to £48,756. With 98.6% of current assets locked in inventory and liabilities surging 25.6% in a single year, the business is dangerously dependent on stock conversion for survival. Immediate intervention through aggressive stock reduction, cash generation, and creditor management is essential to prevent a liquidity crisis that could threaten the company's 22-year trading history.
Shareholders' funds
£1,807,927
Balance sheet as at 2020-03-29
What it does
The principal activity of the company is retail and internet sales of fabrics and associated goods
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2003-03-19
- Employees
- 41 (2025 accounts · was 49 in 2024)
- Registered office
- Minerva Craft Centre, Atlas Road, Darwen, Lancs, BB3 3BY
- Postcode
- BB3 3BY
- Capital
- 1,000 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-03-29
- Next due by
- 2026-12-29
- Financial year end
- 29 March
Confirmation statement
- Last statement dated
- 2026-02-20
- Next due by
- 2027-03-06
Nature of business (SIC)
- 47510 Retail sale of textiles in specialised stores
- 47990 Other retail sale not in stores, stalls or markets
Officers 4 current · 2 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZA332469 (Tier 2), registered since 2018.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- http://www.minervacrafts.com
Previous registered addresses 3
| Address | Changed on |
|---|---|
| 4 PEREGRINE DRIVE, DARWEN, LANCASHIRE, BB3 0JL | 2012-11-16 |
| HOWARD & CO, CHARTERED ACCOUNTANTS, 10-12 WELLINGTON STREET ST JOHNS, BLACKBURN BB1 8AG | 2003-04-06 |
| 44 UPPER BELGRAVE ROAD, CLIFTON, BRISTOL, BS8 2XN | 2003-03-31 |
Among its peers
Top 25%
by shareholders' funds, of 25 similar companies in BB
2nd largest employer among its local peers (41 staff).
Among the oldest 25% of its local peers, trading since 2003.
No.3 of the largest retail sale of textiles in specialised stores companies in Blackburn →
Competitors Blackburn
This company ranks 3 among retail sale of textiles in specialised stores in Blackburn.
The class of 2003
38%
of the 163,089 companies incorporated in 2003 are still active today; 59% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 2 titles
- Leasehold
- 2
- Most recent registration
- 2019-11-05
- Where
- Blackburn With Darwen (2)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| LAN228519 | Blackburn With Darwen | Leasehold | 2019-11-05 | — |
| LAN128287 | Blackburn With Darwen | Leasehold | 2012-04-25 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.