Jerseytex

Jerseytex have been manufacturing fashion fabrics & textiles since 1977 and have knitted fabric for many of the major fashion houses and fashion brands around the world. We have been dyeing all our own fabrics since 2002.

Set up by Teja Singh, and passed down to his sons, Jerseytex remains a successful and growing family run business that is a major player in the provision of fashion fabrics & textiles to the UK & international Markets.

We are one of the few companies in the UK that can do everything in-house. From samples, production, dyeing, finishing & delivery – all under one roof.

We have an enviable reputation in the marketplace for delivering quality products. We are recognised by our customers and competitors alike as the ‘Professionals in the trade’. This reputation has been successively built up through 3 generations of the family business and the team within Jerseytex are like one big family.

As a global player with a modern operation we source our raw materials competitively from the international marketplace. This, along with a highly efficient manufacturing process and an investment in professional staff, allows us to compete effectively within the textiles industry and react quickly to customers needs.

Company Growth (employees)
Type
Private
HQ
Tipton, GB
Size (employees)
11 (est)
Jerseytex is headquartered in Tipton, GB

Jerseytex Office Locations

Jerseytex has an office in Tipton
Tipton, GB (HQ)
82 Great Bridge Industrial Estate Bridge Rd

Jerseytex Data and Metrics

Jerseytex Financial Metrics

Jerseytex's revenue was reported to be £15.8 m in FY, 2016 which is a 12% increase from the previous period.
GBP

Revenue (FY, 2016)

15.8 m

Revenue growth (FY, 2015 - FY, 2016), %

12%

Gross profit (FY, 2016)

3.5 m

Gross profit margin (FY, 2016), %

22%

Net income (FY, 2016)

1.2 m

Cash (31-May-2016)

765.9 k
GBPFY, 2014FY, 2015FY, 2016

Revenue

14.7 m14.1 m15.8 m

Revenue growth, %

(4%)12%

Cost of goods sold

10.9 m12.3 m

Gross profit

3.3 m3.5 m

Gross profit Margin, %

23%22%

Operating expense total

2 m2 m

Pre tax profit

2.1 m1.2 m1.5 m

Net Income

1.6 m1 m1.2 m
GBPFY, 2014FY, 2015FY, 2016

Cash

827.2 k474.2 k765.9 k

Accounts Receivable

4.9 m5.4 m5.3 m

Current Assets

7.9 m9.3 m11.1 m

PP&E

1.1 m1.4 m1.9 m

Total Assets

9 m10.7 m13 m

Accounts Payable

1.8 m2.7 m2.4 m

Current Liabilities

5 m5.7 m6.3 m

Retained Earnings

1.4 m966.5 k1.1 m

Total Equity

3.8 m4.8 m6 m

Financial Leverage

2.4 x2.2 x2.2 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

1.5 m676.3 k909.8 k

Cash From Financing Activities

(382.6 k)(206.9 k)790 k

Income Taxes Paid

(473.5 k)(142.5 k)(298.8 k)
Y, 2016

Financial Leverage

2.2 x

Jerseytex Company Life and Culture

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