Bennett & Baxter Limited

Bennett & Baxter Limited, based in Winchester, UK, is a small holding company with an active status, established 22 years ago. With four employees and £1,628,893 in assets, it operates from a real address and is overseen by four directors and two owners. The company regularly imports and exports footwear and related items, with 143 months of import activity and 22 months of export activity recorded.

Bennett & Baxter Limited’s website reveals it’s a wholesale footwear supplier, specializing in the design, production, and distribution of men’s and children’s footwear to wholesale customers worldwide. It operates offices in the UK and India, emphasizing a family-run approach and bespoke processes tailored to individual brand images. The company's website highlights its expertise in footwear design, production, and sales management, suggesting a focus on building strong client relationships. It doesn’s appear to be an e-commerce operation, but rather a business-to-business wholesale provider.

Financially, Bennett & Baxter Limited’s report shows some concerning trends. Current assets decreased by 39%, falling to £1,600,000, while net assets also dropped by 5.8%, settling at £880,000. Bank borrowings vanished entirely, a positive change, but trade debtors also decreased significantly, by 62%, to £370,000. The company’s average number of employees increased dramatically, by 120%, to nine people, which could be a sign of increased workload or expansion. Creditors decreased by 67%, which is a good sign. The company is exempt from an audit due to its small size.

Overall, Bennett & Baxter Limited seems to be facing some financial headwinds, despite its long-standing presence in the footwear wholesale market. The increase in employees, while potentially positive, also suggests rising costs. It’s unclear whether these changes are part of a strategic shift or a response to market pressures—but for now, the company’s future depends on its ability to maintain strong client relationships and manage its costs effectively.

Registered in England/Wales under the registration number 04623732, with a registered address at SO23 0LB, England, Winchester, Hampshire, Unit 1 Sun Valley Business Park, Winnall Close.

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