Frank Herring & Sons Limited

Frank Herring & Sons Ltd, based in Weymouth, UK, is a small, family-run business with an active status, celebrating 19 years since its founding. The company employs 16 people and operates from a virtual address, a fact highlighted by the presence of 230 other companies registered at the same location. It's led by four directors and owned by three individuals. The business regularly imports machinery, boilers, and mechanical appliances, parts (314 months imported), and occasionally exports similar items (1 month exported). They operate in the other retail sale of new goods in specialised stores (not commercial art galleries and opticians) industries.

The company's website showcases a vast array of art supplies, craft materials, spinning wheels, and weaving accessories. It’s clear they cater to both professional artists and hobbyists, offering a wide selection of paints, brushes, yarns, and tools. The website also features a dedicated section for piano restoration, a seemingly separate venture linked through the shared "1066" branding. The site's extensive product range and detailed descriptions suggest a well-established online presence, with a focus on quality and customer service.

Financially, Frank Herring & Sons Ltd presents a mixed picture. Cash bank on hand dropped significantly by 30%, falling to £150,000, while trade debtors increased by 66%, reaching £150,000. Creditors also rose by 3.3%, settling at £770,000. Net assets, however, increased by 21%, reaching £230,000. The company’s small size—meeting two of three criteria for being a small company—allows for flexibility, but the decrease in cash reserves could indicate tighter margins or increased investment. The increase in trade debtors might suggest a shift in payment terms with customers, or potentially a build-up of outstanding invoices. There's no auditor mentioned, which is typical for small companies exempt from an audit. Overall, the company seems to be holding its own, but the financial trends warrant careful monitoring.

Registered in England/Wales under the registration number 05629170, with a registered address at DT4 9UX, United Kingdom, Weymouth, Dorset, Leanne House, 6 Avon Close.

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