Haddow Group Limited

Haddow Group Ltd from Bradford, UK, is a small, active company established 38 years ago. Employing 53 people, it holds £3,843,973 in assets and operates from a real address, managed by two directors and a single owner. The company boasts a 3.0 Google rating from 16 reviews. It's a regular importer of clothing and accessories made by knitting or crocheting (129 months imported) but an irregular exporter of toys, games, and sports equipment (1 month exported).

The company’s website showcases a UK-based design and delivery service for clothing, interiors, and home furnishings. It emphasizes collaboration, design, and a strong supply chain management, catering to both established retailers and those new to the industry. The website highlights a UK in-house design team, strong relationships with factories across the globe, and a focus on sustainable practices. A key division, Seaspray, specializes in swimwear, known for its fit and support, while Lister Cartwright focuses on home furnishings. The website also features industry news and blog posts, demonstrating a commitment to thought leadership.

Financially, Haddow Group Ltd presents a mixed picture. Cash reserves increased significantly by 170% to £920,000, a positive sign of liquidity. However, net assets also increased by 15% to £2.2 million. Bank borrowings decreased by 44% to £500,000, suggesting reduced reliance on external financing. Trade debtors decreased by 33% to £1.5 million, which could be a sign of better collection practices, but also a decrease in sales. Creditors decreased by 35% to £190,000, indicating improved debt management. A notable decline in average employees, dropping 11% to 47, may reflect restructuring or a shift towards automation. The company meets the criteria for a small company, with turnover under £10.2m and assets under £5.1m, and is exempt from an audit. The lack of a named auditor suggests a reliance on unaudited financial statements, which is common for smaller entities. Overall, Haddow Group Ltd appears to be navigating a period of change, with strong cash position offset by some declines in key financial metrics.

Registered in England/Wales under the registration number 02132183, with a registered address at BD9 4SH, Bradford, West Yorkshire, Listers Mill, Heaton Road.

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