Fairhurst Products Limited

Fairhurst Products Ltd from Newark UK: a small, active company founded 11 years ago, employs four people, and holds £279,693 in assets. It operates from a virtual address – twenty eight other companies are registered there – and is run by four directors and two owners, making it a family business with an e-commerce site. The company regularly imports miscellaneous manufactured goods, with 31 months of import activity recorded.

The company’s website, Dr Pen, is a stationery retailer, offering a wide range of pens, pencils, notebooks, and inks from brands like Caran d'Ache, Faber-Castell, and LAMY. It caters to the "educated writer," showcasing a curated selection and emphasizing quality and craftsmanship. The site has a cart and a menu, and offers free UK delivery on orders over £30.00. It’s clear they are focused on online sales, with a strong emphasis on brand visibility and customer service.

Financially, Fairhurst Products Ltd shows a mixed picture. Cash reserves have increased significantly, jumping 110% to £35,000, which is good news. However, bank borrowings have also risen dramatically, increasing by 240% to £90,000. Creditors have increased by 28%, reaching £240,000, and trade debtors have also risen by 53%, to £47,000. A significant drop in deferred tax liability, decreasing by 100%, suggests a change in tax strategy. The company's small size—meeting two of three criteria for being small—helps it remain flexible, but the increase in debt warrants attention. There’s no auditor mentioned, so the accounts are unaudited. It's likely that the company is experiencing growing pains, balancing increased sales with managing its finances effectively.

Registered in England/Wales under the registration number 08723644, with a registered address at NG24 1TW, Newark, Nottinghamshire, 14 London Road.

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