Ernest Wright Ltd

Ernest Wright Ltd, based in Sheffield, UK, is a small holding company with an active status, founded six years ago in 2018. The company employs ten people and holds £286,592 in assets. With two directors and two owners, it operates a real address and a thriving e-commerce site, boasting a 4.0 Google rating from 50 reviews. Ernest Wright is an irregular importer, specializing in machinery, boilers, and mechanical appliances—parts, with just one month of imports recorded as of February 2022.

The company’s website, ernestwright.co.uk, showcases a heritage brand specializing in handmade scissors and shears. Each pair is crafted to order, reflecting over a century of knowledge and passion. The site emphasizes British craftsmanship and a “buy once, love forever” philosophy, with a 12-week lead time for most models. Beyond scissors, the site also features a blog highlighting the company’s history, heritage crafts, and even interviews with other artisans.

Financially, Ernest Wright Ltd presents a mixed picture. While current assets remained relatively stable at £290,000, net assets dipped by 14% to -£160,000. Bank borrowings increased by 38%, reaching £69,000, and cash reserves rose by 110% to £78,000. Creditors decreased by 22%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) helps it maintain agility. No auditor is mentioned, likely due to the small company exemption.

The company’s increased bank borrowings and negative equity could indicate investment in production or marketing—or perhaps a challenging economic climate. However, the strong Google rating and commitment to handmade quality suggest a loyal customer base, which could help sustain the business through any short-term difficulties.

Registered in England/Wales under the registration number 11510041, with a registered address at S1 4BT, England, Sheffield, 58 Broad Lane.

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