H.fine & Son Limited

H. Fine & Son Limited, based in Uxbridge, UK, is a small, holding company with an active status, marking its 76th year in business. With 34 employees and £3,111,399 in assets, the company operates from a virtual address – thirteen companies registered at the same location – and is overseen by four directors and a single owner. The company regularly imports leather goods, travel bags, and animal harnesses (171 months) and exports special woven and decorative fabrics (75 months).

The company’s website reveals a more detailed picture. Fine Group Website Services is a textile engineering firm that solves complex problems for organizations needing technical textile solutions. They offer a full-service approach, from prototyping and design to production and distribution, working closely with clients to tailor bespoke products. Their expertise spans development and design, production and manufacturing, and procurement, warehousing, and distribution. The company has a long history, collaborating with entrepreneurs and businesses to bring innovative products to life, and even boasts a client list including military, healthcare, and industrial sectors.

Financially, H. Fine & Son Limited shows some concerning trends. While current assets increased by 40% to £3,100,000, net assets dropped by 26% to £1,100,000. Bank borrowings surged by a significant 190,000 GBP, while cash reserves plummeted 94% to just £38,000. Creditors also increased substantially, rising 100% to £1,600,000. Trade debtors have ballooned by 120%, suggesting potential issues with customer payments. The company meets the criteria for a small company – turnover under £10.2m, assets under £5.1m, and fewer than 50 employees – and the lack of an auditor (likely exempt) means the figures are unaudited.

Despite the financial pressures, H. Fine & Son Limited’s long history and diverse range of services suggest a resilient business. The company’s focus on technical textile solutions and its global network of suppliers position it well for continued success, although the recent financial performance warrants close monitoring.

Registered in England/Wales under the registration number 00458705, with a registered address at UB8 2FX, England, Uxbridge, Brook House 54a Cowley Mill Road, Cowley.

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