Albert Thurston Limited

Albert Thurston Limited is a small, holding company based in Leicester, UK, with an active trading status. Founded 92 years ago in 1932, it employs 33 people and holds £1,474,730 in assets. The company, with one director and one owner, operates from a real address shared by three other businesses. It regularly imports miscellaneous metal items (10 months) and exports clothing and accessories (99 months), focusing on formalwear and accessories for gentlemen since 3820. Its website highlights a range of products, from suspenders and braces to fabrics and even collaborations with Hardy Minnis.

The company's core business revolves around the manufacture of other wearing apparel and accessories, catering to a niche market of discerning customers. Its online presence showcases a commitment to British craftsmanship and heritage, with a focus on quality and tradition. The website also hints at a potential expansion into related fabric and design collaborations.

Financially, Albert Thurston Limited presents a mixed picture. Current assets increased by 16% to £1,500,000, while net assets also rose 13% to £1,300,000. However, cash bank on hand saw a healthy increase of 23% to £170,000, and trade debtors increased by 25% to £1,000,000. Creditors, however, saw a significant jump of 34% to £200,000. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in creditors suggests a need to manage cash flow carefully. The lack of an auditor mentioned likely reflects its status as a small company exempt from audit.

Overall, Albert Thurston Limited appears to be financially stable, with growing assets and a solid base of customers. However, the increase in creditors warrants close monitoring to ensure the company can maintain its financial health and continue its legacy of fine British accessories.

Registered in England/Wales under the registration number 00271221, with a registered address at LE3 5AG, 3 Frog Island, Leicester.

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