VELCRO LIMITED
Company number 02737177 · Monitor this company
Executive summary
VELCRO LIMITED occupies a privileged position within UK textile wholesale as the distribution arm of arguably the world's most recognised fastening brand, delivering gross margins (45.3%) nearly double the sector average and generating a 209% year-on-year improvement in operating profit to £858k despite modest revenue decline. However, this performance is substantially dependent on intercompany supply arrangements with parent Vil Ltd, and the emergence of £1.4M in inventory — against nil the prior year — alongside significant capital investment suggests the company is positioning for growth whilst managing supply chain uncertainty. The fundamental competitive moat remains the Velcro brand itself, which provides pricing power and customer loyalty that conventional textile wholesalers cannot replicate, though the entity's modest scale and single-brand focus present structural limitations relative to diversified industrial distributors.
Shareholders' funds
£2,572,089
Balance sheet as at 2021-12-31
What it does
The principal objective and activity of the Company is to distribute Velcro brand fastening solutions to businesses and consumers.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1992-08-04
- Employees
- 22 (2021 accounts · was 20 in 2020)
- Registered office
- Edwin Foden Business Centre, Suite 8, 9 And 10, Moss Lane, Sandbach, Cheshire, United Kingdom, CW11 3AE
- Postcode
- CW11 3AE
- Capital
- 100 GBP
- Accounts category
- Full
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-10-05
- Next due by
- 2026-10-19
Nature of business (SIC)
- 46410 Wholesale of textiles
Officers 4 current · 23 resigned
Group structure
Controlled by VIL LTD — since 2016-04-06
From persons-with-significant-control filings on the public register.
Contact details
- Website
- velcro.co.uk
For decades, Velcro Companies has produced hook & loop fasteners for countless uses from picture hanging to the moon landing.
Previous company names
| Name | Date changed |
|---|---|
| ADDEY MILNER LIMITED | 1999-11-03 |
| TEXACRO LIMITED | 1994-02-16 |
| VELCRO UK LIMITED | 1993-05-04 |
| RAVANELLO LIMITED | 1992-12-04 |
Previous registered addresses 4
| Address | Changed on |
|---|---|
| 1 ASTON WAY, MIDDLEWICH, CHESHIRE, CW10 0HS | 2019-07-18 |
| 8 ROMANWAY INDUSTRIAL ESTATE, LONGRIDGE ROAD RIBBLETON, PRESTON, LANCASHIRE PR2 58B | 1994-02-23 |
| 204 CHURCH STREET, BLACKPOOL, LANCASHIRE, FY8 5NS | 1993-11-30 |
| AQUIS COURT, 31 FISHPOOL STREET, ST ALBANS, HERTS,AL3 4RF | 1993-03-25 |
Among its peers
Top 25%
by shareholders' funds, of 9 similar companies in CW
Among the biggest employers among its local peers (22 staff).
3rd oldest of its local peers, trading since 1992.
Competitors Crewe
This company ranks 1 among wholesale of textiles in Crewe.
The class of 1992
49%
of the 21,839 companies incorporated in 1992 are still active today; 46% have since been dissolved.
A fact about the year, not a forecast for this company.