Cherry & White Limited

Cherry & White Ltd, based in Gloucester, UK, is a small, family-run business with an active status. Established 35 years ago in 1990, the company employs 20 people and holds assets totaling £7,417,933. It operates from a real address and is managed by three directors and two owners. The business is a regular importer of electrical machinery and equipment, having imported for 110 months, with the latest import in November 01, 2024. It’s an irregular exporter, having exported for just two months, with the last export in February 01, 2021.

The company’s website, cherryandwhitehire.co.uk, reveals it’s a plant and tool hire specialist. It offers a wide range of equipment, from mini-diggers to high-access platforms, catering to construction and landscaping projects. The site emphasizes competitive pricing, free local delivery, and a commitment to quality equipment. It also features a blog with industry news and tips, demonstrating a focus on customer engagement. The site’s focus is on tool and plant hire, and it’s clear that they are a local expert in the area.

Financially, Cherry & White Ltd shows some interesting trends. Accumulated depreciation on computer equipment has increased by a significant 71%, while furniture fittings depreciation rose by 41%. Bank borrowings decreased by 24%, a positive sign, but cash reserves plummeted 67% to £130,000. Creditors also saw a substantial increase of 33%, reaching £4.4 million, which could indicate increased reliance on trade credit. The number of employees has increased by 20% to 24, which could be a result of the company’s growth. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The lack of an auditor is typical for a company of this size.

Overall, Cherry & White Ltd appears to be a stable, family-run business, but the decline in cash reserves and increase in creditors warrants attention. The company’s focus on local service and its range of equipment positions it well in the plant and tool hire market, but managing its finances will be key to its continued success.

Registered in England/Wales under the registration number 02468825, with a registered address at GL2 4NF, England, Gloucester, Gloucestershire, 12 Olympus Park Quedgeley.

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