Albert Haywood & Sons Limited

Albert Haywood & Sons Ltd, based in Leeds, West Yorkshire, UK, is a well-established small company with an active status. Founded 56 years ago in 1969, it employs 18 people and holds assets of £1,232,990. With three directors and one owner, the company boasts a stellar 5.0 Google rating from 14 reviews. They are regular importers, primarily of textile products, used clothing, and rags, with recent activity recorded in March 2024.

The company operates in the non-specialised wholesale trade industries and has a website, Haywood Sons Ltd, selling packaging supplies, workwear, and furniture covers. They are a family-run business, established in 1920, and specialize in protective packaging, branded workwear, and padded furniture covers. They manufacture customer logos and “Strongwrap” padded furniture covers in Leeds. Products are available online via their Phoenix Supplies shop.

Financially, Albert Haywood & Sons Ltd presents a mixed picture. Accumulated amortisation impairment of intangible assets has increased by 44%, while bank borrowings have remained steady. However, cash bank on hand has decreased by 28%, and current assets have fallen by 4%. Trade debtors have dropped by 6%, and net assets have increased by a modest 0.43%. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, suggesting they are exempt as a small company.

The decrease in cash reserves and increase in accumulated depreciation could indicate some financial pressure, but the stable net assets and decreasing debt suggest they are managing their finances reasonably well. The company's long history and positive Google rating demonstrate its resilience and customer loyalty, despite the challenges of a competitive market.

Registered in England/Wales under the registration number 00948233, with a registered address at LS16 6QS, Leeds West Yorkshire, Glenmoor House, West Park Ring Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.