Adrian Wright, Chief Operating Officer, Nottingham Textile Group Limited
Professional Background
Adrian Wright is the Chief Operating Officer at Nottingham Textile Group Limited, based in Nottinghamshire, United Kingdom. He has been with the company since April 2000, bringing over two decades of experience in the textile industry.
Company Overview
Nottingham Textile Group Limited, founded in July 1981, specializes in the activities of head offices sector (SIC Code 70100). The company operates from Ntg House, Willow Road, Lenton, Nottingham, NG7 2TA, UK. It is a mature, micro-sized company with an estimated turnover of £482.9k as of March 2023.
Nottingham Textile Group Limited has seen high growth in recent years with a 3-year CAGR sales growth of 17%, demonstrating robust performance despite being smaller than the average company in its industry.
Financial Performance
- Turnover (March 2023): £482.9k
- Net Assets: £1.1 million
- Total Assets: £1.5 million
- Number of Employees: 18
- Growth Rate: 17% CAGR over 3 years
The company has shown strong growth metrics, but it operates with 0 cash reserves, indicating possible cash flow management strategies or reinvestment into business operations.
Leadership and Governance
Adrian Wright serves as one of the longest-serving directors at Nottingham Textile Group Limited. The company has a total of 4 directors, including:
- John McMeeking (Director since Oct 1991)
- Mark Connors (Director since Jan 2007)
- William McMeeking (Director since Dec 2021)
The ultimate parent company of Nottingham Textile Group Limited is A.C. Gill, Limited.
Company Valuation and Structure
The estimated valuation range for Nottingham Textile Group Limited is between £0 to £3.2 million, as derived from financial data and recent industry multiples. This valuation reflects the company's position within the industry and its financial health indicators.
Strategic Insights
- Growth Opportunities: The significant 17% growth rate over recent years is a positive indicator for continued expansion and potential sales opportunities.
- Leadership Stability: The extended tenure of key directors like Adrian Wright suggests a stable leadership team, which could be beneficial in forging long-term business relationships.
- Financial Health: While the company shows growth and reasonable net assets, the lack of cash reserves highlights an area for potential inquiry during engagement.
For sales and partnership considerations, focusing on how your solutions can support their growth trajectory and cash flow management might resonate well with Nottingham Textile Group’s strategic goals.
Note: No education or formal accolades were provided for Adrian Wright in the gathered data. Ensure that additional insights, if required, are collected during direct engagement.
