E.h. Hassell & Sons Limited

E.H. Hassell & Sons Limited, based in Stoke-on-Trent, UK, is a sizable company with a 50-year history, currently employing 47 people. Holding £5,997,854 in assets, the company operates as a holding company with an active trading status. It’s a family-run business primarily focused on mechanical engineering services to the quarrying industry, as highlighted on their website. Four directors and one owner steer the ship, and Google users rate them a perfect 5.0 based on two reviews.

The company’s website details their expertise in mechanical engineering, boasting 3D modelling and offline programming capabilities. They cater to a diverse customer base, offering high-quality mechanical engineering solutions. They also provide services like crane sales and even offer piano restoration through their 1066 Pianos division.

Financially, E.H. Hassell & Sons Limited presents a mixed picture. While cash and cash equivalents increased by 13% to £940,000, net assets rose by a more substantial 13% to £4.9 million. However, administrative expenses increased by 8% to £1.3 million, and staff costs rose by 7% to £2.1 million. Bank borrowings decreased by 10% to £130,000. Interestingly, there was a significant drop in deferred tax expense credit, falling 120% to -£34,000. The company’s assets are valued at £5.9 million, and the company is meeting two of three criteria for being a large company. The firm was audited by DJH Audit Limited.

The company’s turnover increased by 15% to £8.4 million, which is a positive sign. However, the increase in administrative expenses suggests that the company may be facing some challenges in controlling its costs. The decrease in deferred tax expense credit could be due to changes in tax laws or changes in the company’s tax position. Overall, E.H. Hassell & Sons Limited appears to be a financially stable company, but it will need to continue to manage its costs and taxes effectively to maintain its profitability.

Registered in England/Wales under the registration number 01192025, with a registered address at ST4 8HX, Staffs, Newstead Industrial Estate, Trentham Stoke On Trent.

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