Hallmark Sundecks Limited

Hallmark Sundecks Ltd from Lincolnshire UK is a small holding company with an active status, established 24 years ago. Employing 21 people, the company holds £733,423 in assets and operates from a virtual address – fourteen other companies are registered at the same location. With three directors and one owner, Hallmark Sundecks maintains a stellar 5.0 Google rating based on 42 reviews. The company is an irregular importer, bringing in furniture, lighting, and prefabricated buildings, with the last import occurring one month ago in March 2023.

The company’s core business appears to be deck building, as evidenced by its listing as a deck builder in Burgh Le Marsh. Hallmark Sundecks operates in the “other manufacturing n.e.c.” industries. The company's website is not available, making it difficult to assess its online presence or e-commerce activities.

A review of Hallmark Sundecks’ financial data reveals a mixed picture. While bank borrowings have decreased by a significant 39%, cash reserves have fallen by 30% to £200,000. Creditors have also decreased, suggesting improved debt management, but the most notable change is a 8.5% drop in equity, falling to £410,000. Debtors have increased by 24%, which could indicate growth in sales, but also a potential risk of delayed payments. The company meets the criteria for a small company, with turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The absence of an auditor is typical for a small company of this type.

The financial trends suggest Hallmark Sundecks may be facing some financial pressure, despite its positive online reputation. The decrease in cash reserves and equity, combined with the increase in debtors, warrants close monitoring. The company's small size and virtual address, however, allow for flexibility and potentially lower overhead costs, which could help it weather these challenges.

Registered in England/Wales under the registration number 04183219, with a registered address at PE25 2AT, Lincolnshire, 27-29 Lumley Avenue, Skegness.

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