David Hathaway Transport Limited

David Hathaway Transport Limited, based in Yate, UK, is a sizable company with a holding structure, currently active after being founded 22 years ago. Employing 145 people, it boasts significant assets of £9,236,314 and generates a yearly revenue of £17,422,084. The company has a real address, is managed by three directors, and has one owner, maintaining a respectable Google rating of 4.0 from 134 reviews. It’s a regular exporter, specializing in electrical machinery and equipment, with eight months of export activity recorded.

The company’s website highlights its focus on freight transport by road, offering services for both domestic and international clients. While no e-commerce functionality is apparent, the site emphasizes reliability, safety, and a commitment to customer satisfaction. It’s clear that David Hathaway Transport Limited operates as a traditional logistics provider, facilitating the movement of goods rather than selling directly to consumers.

Financially, the company’s performance shows some concerning trends. While revenue remained relatively stable, net assets declined by 7% to £7.2 million. Cash reserves took a significant hit, falling 87% to £110,000. Bank borrowings increased substantially, rising 19% to £6.5 million, and trade debtors increased by 21% to £2 million. Despite these challenges, creditors decreased by 16% to £1.2 million, suggesting improved management of short-term liabilities. The company’s size (meeting two of three criteria for a large company) indicates it’s a significant player in the transport sector, but the drop in cash and increase in debt warrants attention. The accounts are audited by Hurst Accountants Limited, providing a degree of assurance.

Overall, David Hathaway Transport Limited appears to be navigating a period of financial pressure. The company's strong reputation and established presence in the freight transport industry, however, provide a solid foundation for future growth, provided it can address its liquidity concerns.

Registered in England/Wales under the registration number 04629507, with a registered address at BS37 5YS, Yate, Bristol, Woodward Avenue, Westerleigh Business Park.

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