Goodman Hichens Plc

Goodman Hichens Plc, based in London, UK, is a large holding company with an active status, having been incorporated twenty-eight years ago in September 03, 1996. The company employs twenty-eight people and holds £2,931,744 in assets, generating a yearly revenue of £10,454,903. It operates from a virtual address, registered with 532 other companies, and is overseen by four directors and one owner. Goodman Hichens is an irregular importer, specializing in furniture, lighting, and prefabricated buildings, with its most recent import activity occurring one month ago.

The company’s website reveals it’s a specialist interior design firm, offering services for retail, leisure, and residential projects. It boasts three decades of experience and has worked with prestigious brands, showcasing projects like Salvatore Ferragamo’s Old Bond Street store. Goodman Hichens operates from Springwell Lane in Rickmansworth, Hertfordshire, and maintains a physical presence with a showroom.

Financially, Goodman Hichens shows some concerning trends. While cash and cash equivalents increased significantly by 170%, reaching £2,000,000, trade debtors have plummeted by 48%, dropping to £860,000. This could indicate issues with customer payments. Bank borrowings also increased substantially, by 74%, reaching £1,400,000. Creditors have risen sharply, too, increasing by 100% to £870,000, which might be a result of increased supplier payments. The company’s net assets decreased slightly, by 7.1%, to £330,000. Despite these pressures, Goodman Hichens’ turnover increased by 9.4% to £10,000,000. The company’s auditors are Calders (1883) LLP, and the financial statements are audited.

Overall, Goodman Hichens appears to be navigating a period of change, with increased borrowing and a dip in receivables. The company’s focus on high-end interior design and its established reputation suggest it has the potential to weather these challenges, but careful management of its finances will be crucial.

Registered in England/Wales under the registration number 03245070, with a registered address at WC2H 7HF, United Kingdom, London, Calder & Co, 30 Orange Street.

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