B Leefe & Sons Limited

B Leefe & Sons Ltd, based in North Yorkshire, UK, is a small, family-run business with an active status. Founded 21 years ago, it employs eight people and holds £334,235 in assets. The company, with three directors and two owners, operates from a real address and boasts a stellar 5.0 Google rating based on 37 reviews. It’s an irregular importer, primarily dealing in clocks, watches, and their parts, with recent import activity recorded just two months ago in May 2024.

The company’s website, while not providing extensive details, indicates a retail focus on watches and jewellery, alongside repair services for watches, clocks, and jewellery. It’s a specialised business, catering to a niche market with an emphasis on quality and craftsmanship. The family-run nature of the business is a key differentiator, adding a personal touch to its operations.

Financially, B Leefe & Sons Ltd shows some concerning trends. While cash reserves increased by a healthy 96% to £100,000, current assets experienced a 6.5% drop to £330,000. Net assets have fallen significantly by 17% to £210,000, and creditors have risen by 20% to £130,000. Trade debtors are up 40% to £23,000, suggesting possible issues with customer payments. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity is a cause for concern. The company is exempt from an audit, so the figures are unaudited.

The company's increased tax payable, up 170% to £19,000, could be a sign of increased profitability, or it could be a temporary issue. It’s clear that B Leefe & Sons Ltd is navigating a period of change, and its ability to maintain its reputation for quality and service will be crucial for its long-term success.

Registered in England/Wales under the registration number 05123716, with a registered address at YO17 7LW, N. Yorks, 44 Market Place, Malton.

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