Halstock Cabinet Makers Ltd

Halstock Cabinet Makers Ltd, based in Yeovil, UK, is a large, active company established 31 years ago. With 98 employees and £5,977,107 in assets, the firm generates a yearly revenue of £19,484,241. It's a holding company with four directors and one owner, boasting a perfect 5.0 Google rating from 15 reviews. The company regularly imports and exports miscellaneous metal items, with 7 months of import activity and 15 months of export activity recorded.

Halstock Cabinet Makers Ltd operates as a manufacturer of furniture, specializing in high-end bespoke projects for prestigious addresses. Its website showcases a portfolio of stunning interior design work, collaborating with renowned designers like Martin Kemp and Katharine Pooley. The company emphasizes its expertise in crafting unique pieces, using a variety of materials and collaborating with clients to bring their visions to life. Case studies highlight projects ranging from urban havens to vineyard cellars, demonstrating a diverse range of capabilities.

Financially, Halstock Cabinet Makers Ltd presents a mixed picture. While turnover increased by a substantial 36% to £19.4 million, net assets have decreased by 18% to £3.9 million. Cash reserves have fallen by 30% to £3 million, and bank borrowings have increased by 10% to £29,000. Creditors have decreased by 18%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) reflects its established position in the market. The company's auditor is Albert Goodman LLP.

The decrease in net assets and cash reserves, despite increased turnover, suggests potential challenges in converting sales into immediate profits or managing working capital effectively. However, the continued growth in turnover and the company's strong reputation for quality craftsmanship indicate a resilient business model. The increase in bank borrowings might reflect investment in new equipment or expansion of operations.

Registered in England/Wales under the registration number 02915582, with a registered address at BA22 9QZ, United Kingdom, Yeovil, Somerset, Higher Halstock.

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