H&h Sales Limited

H&h Sales Limited, based in Manchester, UK, is a small, active company founded three years ago in 2021. With two employees and £151,094 in assets, it operates from a real address and is led by a single director and owner, Anwer Muhammad Ahsan. The company specializes in the wholesale of clothing and footwear, as well as retail sales via mail order and internet industries. It also facilitates livestock sales, operating seven auction marts across northern England and the Scottish Borders, and offering a digital virtual livestock platform.

The company’s website showcases a wide range of services, from selling livestock and machinery to offering online timed auctions and live ring streaming. It’s clear that Harrison Hetherington, the parent company, has a long history—dating back to 1870—and a strong reputation in the agricultural sector. The website is a bit overwhelming, but it’s packed with information and demonstrates a commitment to serving the farming community.

Financially, H&h Sales Limited’s recent performance presents a mixed picture. Cash bank on hand has decreased significantly by 83%, dropping to £300, while creditors have increased substantially by 140%, reaching £190,000. Total inventories have also increased by 85%, now at £140,000. While current assets have improved by 72%, reaching £150,000, the company's equity has plummeted by 430%, resulting in a net asset liability of -£37,000. Trade debtors have decreased slightly by 7.3%, now at £8,700. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity decline warrants attention. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies. It seems like the company is burning through cash, and the increase in creditors suggests a need for better cash flow management.

Registered in England/Wales under the registration number 13442652, with a registered address at M8 0NA, England, Manchester, 9 Greenford Road.

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