F.p. Herting & Son Plc

F.p. Herting & Son Plc from London UK is a large, active company founded 63 years ago in 1961. Employing 145 people, it holds assets worth £14,172,298. Despite its size, the registered address is a virtual one, shared by 281 other companies. The business is managed by five directors and owned by Herting Neil, though the ownership list was changed six months ago. It has a Google rating of 2.0 based on 22 reviews and regularly imports iron or steel products, with 67 months of import activity recorded.

The company’s website, Hertings, is a web store for customers to view prices and place orders. The site offers a wide range of products, from adhesives and sealants to tools and accessories, catering to the construction industry. It also features a section dedicated to metalwork, including Fischer fixings and ironmongery. The website’s design is a little dated, but it’s functional and easy to navigate. It seems like they are using a nopCommerce platform.

Financially, F.p. Herting & Son Plc shows a mixed picture. Current assets have decreased by 3.6% to £14 million, while net assets have remained steady at £13 million. Bank borrowings have dramatically reduced by 100% to zero, a positive sign, but cash reserves have also fallen by 63% to £320,000. The company’s net loss increased to -£1.6 million. Staff costs decreased by 5.6% to £6.2 million. The company’s large size (meeting two of three criteria for being a large company) suggests it’s a well-established player in the wholesale metals and metal ores industries. The company was audited by King & King.

The sharp decrease in cash reserves and the increase in net losses are concerning, though it’s possible these are temporary fluctuations. The reduction in bank borrowings is a positive sign, indicating improved financial management. It seems like the company is facing challenges, but its established presence and diverse product range suggest it has the potential to weather the storm.

Registered in England/Wales under the registration number 00709812, with a registered address at W1U 7BU, United Kingdom, London, Fifth Floor Watson House, 54-60 Baker Street.

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