George Hill (oldham) Limited

George Hill Oldham Ltd from Oldham UK is a small, family business with an active status, celebrating 77 years since its founding in 1947. The company employs 43 people and holds £2,262,634 in assets, operating from a real address. With three directors and two owners, it’s a tight-knit operation, bolstered by a Google rating of 5.0 based on 92 reviews. It's an irregular importer, primarily dealing with salt, sulphur, earths, stone, plaster, lime, and cement, with recent import activity recorded just one month ago. The company also runs an e-commerce site.

The company operates in the agents involved in the sale of timber and building materials industries. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. It's a real address as only one company registered at the address.

Looking at the financial picture, things are a bit mixed. Current assets have decreased by 15%, falling to £2,300,000. Bank borrowings have increased by 100%, reaching £11,000. Creditors have also increased by 12%, now standing at £1,000,000. Equity has seen a more significant drop, decreasing by 11% to £1,900,000. The company’s cash reserves have fallen by 22%, leaving £890,000. The company’s net assets have decreased by 9.5% to £2,200,000.

The company’s net losses deepened from -£10,000 to -£23,000. The company’s debts are increasing, and it's a little concerning. It's possible that the company is investing in growth, or it could be facing some unexpected expenses. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, George Hill Oldham Ltd appears to be a well-established, family-run business navigating a changing economic landscape. While the financials suggest some challenges, its strong Google rating and e-commerce presence indicate a loyal customer base and a commitment to service.

Registered in England/Wales under the registration number 00440308, with a registered address at OL8 1LB, Oldham, Scottfield Saw Mills,, Ashton Road,.

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