H.weston & Sons Limited

H. Weston & Sons Limited, a family business from Ledbury, UK, is a significant player with a 64-year history. Employing 271 people and boasting assets of £36,031,035, the company operates from a real address and is managed by six directors and two owners. Its e-commerce site reflects a modern approach, and a 4.0 Google rating from 11 reviews suggests customer satisfaction. The company regularly imports and exports drinks, alcohol, and vinegar—88 months of imports and 262 months of exports recorded.

Weston & Sons is a substantial company, meeting two of three conditions to be considered large: turnover exceeding £36 million and a balance sheet total over £18 million, alongside having more than 250 employees. The company’s financial data reveals some interesting trends. While current assets remain strong at £36 million, accrued liabilities deferred income decreased by 21%, which could indicate a shift in financial instruments. Depreciation on plant and machinery fell significantly by 41%, which might reflect a decision to postpone upgrades or a change in accounting practices.

Interestingly, director remuneration decreased by 16%, potentially reflecting cost-cutting measures or changes in the company structure. However, bank borrowings increased by 18%, and net losses deepened by 250%, suggesting the company is burning through cash. Despite these challenges, creditors decreased by 18%, which could be a positive sign of better debt management. The company’s auditor, Azets Audit Services, conducted the audit, and the report was signed by Rebecca Hudson.

The company’s core business involves growing pome and stone fruits, mixed farming, and manufacturing cider and other fruit wines. The company’s website highlights its commitment to sustainability and community involvement. The drop in cash reserves and increase in bank borrowings are concerning, but the company's long history, strong asset base, and ongoing operations suggest it is navigating these challenges.

Registered in England/Wales under the registration number 00672234, with a registered address at HR8 2NQ, Ledbury, Herefordshire, The Bounds, Much Marcle.

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