Cousins Material House Limited

Cousins Material House Ltd from Maldon, UK, is a large holding company with an active status, having been founded 21 years ago. Employing 42 people, the company holds assets worth £7,668,915 and generates yearly revenue of £12,349,357. It operates from a real address and is managed by two directors and one owner, with an e-commerce site facilitating sales. Google reviews are mixed, with a rating of 3.0 based on 64 reviews. The company regularly imports and exports clocks, watches, and their parts, with 635 months of import activity and 202 months of export activity.

The company’s website is not available, so it’s difficult to assess its online presence beyond the basic information.

Financially, Cousins Material House Ltd presents a complex picture. While turnover remained stable at £12 million, net assets have decreased by 29%, falling to £2 million. Bank borrowings have increased significantly by 2,400%, reaching £29,000, while cash reserves have fallen by 24% to £1.7 million. Creditors decreased by 12%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) indicates a substantial operation, but the decline in equity raises questions about its financial health. The company's auditor is Sargeant Partnership LLP.

The company’s financial statements are unaudited, and the decline in equity suggests it may be burning through cash. The increase in borrowings could be a sign of investment or a response to financial pressure. The company’s long history and established import/export operations suggest a degree of stability, but the recent financial trends warrant close monitoring.

Registered in England/Wales under the registration number 04890253, with a registered address at CM9 4XD, England, Maldon, Essex, 7 Galliford Road Industrial Estate, Heybridge.

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