{"name":"VELCRO LIMITED","company_number":"02737177","status":"Active","type":"Private Limited Company","incorporated":"1992-08-04","dissolved":null,"registered_office":"Edwin Foden Business Centre, Suite 8, 9 And 10, Moss Lane, Sandbach, Cheshire, United Kingdom, CW11 3AE","postcode":"CW11 3AE","sic_codes":[{"code":46410,"description":"Wholesale of textiles"}],"principal_activity":"The principal objective and activity of the Company is to distribute Velcro brand fastening solutions to businesses and consumers.","previous_names":[{"name":"ADDEY MILNER LIMITED","changed_on":"1999-11-03"},{"name":"TEXACRO LIMITED","changed_on":"1994-02-16"},{"name":"VELCRO UK LIMITED","changed_on":"1993-05-04"},{"name":"RAVANELLO LIMITED","changed_on":"1992-12-04"}],"warnings":[],"accounts":{"category":"Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":22,"accounts_date":"2021-12-31"},"financials":[{"financial_date":"2021-12-31","turnover":10677710,"net_assets":2572089,"cash":504222,"average_employees":22},{"financial_date":"2020-12-31","turnover":11017243,"net_assets":1754048,"cash":371672,"average_employees":20}],"officers":{"current":4,"resigned":23,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":"https://www.velcro.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/velcro","people":"https://www.companiesintheuk.co.uk/company/velcro/people","filing_history":"https://www.companiesintheuk.co.uk/company/velcro/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02737177","financials":"https://www.companiesintheuk.co.uk/company/velcro/financial","control":"https://www.companiesintheuk.co.uk/company/velcro/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/velcro/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/velcro"}