Burnett & Herbert Ltd

Burnett & Herbert Ltd, based in Fulham, UK, is a small, active company established six years ago. With two employees and £580,800 in assets, it operates from a virtual address, a detail noted by the presence of nineteen other companies registered at the same location. The company is run by two directors and two owners, and its core business revolves around importing and exporting drinks, alcohol, and vinegar – a consistent activity spanning 26 months for imports and 85 months for exports.

The company’s website is not available, so it’s difficult to assess its online presence or e-commerce activities. It appears to be a wholesale operation, likely serving other businesses rather than directly engaging with consumers.

Financially, Burnett & Herbert Ltd presents a mixed picture. Cash reserves have increased by a healthy 38%, reaching £410,000, and current assets are up 45% to £580,000. However, creditors have significantly risen by 98%, reaching £340,000, and trade debtors have exploded by 170%, suggesting a reliance on customer payments. Equity has also grown by 9.9%, to £230,000. It's a small company, meeting two of the three criteria for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The substantial increase in debtors could be a sign of growth, but also a potential risk if payments are delayed. The company's bank borrowings are also up, but at a smaller percentage.

The lack of an auditor mentioned likely means the accounts are unaudited, which is common for small companies. Overall, Burnett & Herbert Ltd seems to be growing, but it's important to monitor the increase in debtors and creditors to ensure financial stability.

Registered in England/Wales under the registration number 11861810, with a registered address at SW6 4TU, United Kingdom, Fulham, London, 1 Plato Place, 72-74 St Dionis Road.

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