Gt. Harwood Plumbing Merchants Ltd

Gt. Harwood Plumbing Merchants Ltd, based in Blackburn, UK, is a small, family-run business with an active status. Founded sixteen years ago in 2009, it employs six people and holds £1,454,491 in assets. With a real registered address and three directors, plus two owners (though this list may not be exhaustive), it’s a tight-knit operation with a stellar 5.0 Google rating from 29 reviews. The company is an irregular importer, with its top import category being Furniture, Lighting, and Prefabricated Buildings, totaling 1 months of imports, the last operation conducted on September 01, 2022.

The company’s website, gtharmonplumbing.co.uk, showcases a comprehensive range of plumbing and heating supplies, catering to both trade professionals and DIY enthusiasts. It’s primarily an e-commerce site, with an online catalogue featuring everything from pipes and fittings to boilers and radiators. The website is well-designed and easy to navigate, with clear product descriptions and competitive pricing. While there's no obvious indication of a physical showroom or retail space, the site offers delivery services across the UK. The site also includes a blog section with helpful articles and guides on plumbing and heating topics, demonstrating a commitment to customer education and support.

Financially, Gt. Harwood Plumbing Merchants Ltd presents a mixed picture. Current assets increased by 19%, reaching £1,500,000, while net assets grew 15% to £1,700,000. Cash reserves also increased by 2.9%, standing at £1,000,000. However, trade debtors surged by a significant 120%, reaching £370,000, suggesting potential issues with customer payments or a deliberate expansion of credit terms. Creditors also rose by 21%, reaching £430,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile, but the increase in debtors warrants closer monitoring. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Gt. Harwood Plumbing Merchants Ltd is showing positive growth in assets and cash reserves, but the rise in outstanding debts could be a cause for concern. The company's focus on online sales and customer service appears to be paying off, but it will need to manage its finances carefully to sustain its momentum.

Registered in England/Wales under the registration number 06802978, with a registered address at BB6 7HS, Blackburn, Lancashire, 8 Edge End Road, Gt. Harwood.

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