Handlestore Limited

Handlestore Ltd from Walsall, UK, is a small, active company founded 14 years ago in 2010. With nine employees and £518,793 in assets, it’s a family business operating an e-commerce site and boasting a respectable 4.0 Google rating from 65 reviews. The company has four directors and two owners, and a real address registered at 18 Empire Close Empire Industrial Park, Aldridge. It’s a regular importer of miscellaneous metal items, with recent activity recorded as of February 2025.

The company’s website, while not detailed, suggests a focus on metal fabrication and related products. It operates within the manufacture of other fabricated metal products n.e.c. industries. The business is a family affair, with multiple Mitchells listed as directors and owners.

Financially, Handlestore Ltd presents a mixed picture. Current assets increased by 13% to £520,000, while cash bank on hand saw a significant boost of 27%, reaching £130,000. However, creditors also rose by 33%, reaching £230,000, and trade debtors decreased by 26%, which could indicate some issues with collecting payments. Equity increased by 4.9% to £270,000, a positive sign. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from a full audit, relying on unaudited financial statements.

The rise in creditors, despite increased assets, suggests the company may be managing cash flow carefully, perhaps relying on credit to fund operations. The decrease in debtors could be a temporary blip or a sign of stricter credit policies. Overall, Handlestore Ltd appears to be stable but needs to keep a close eye on its working capital.

Registered in England/Wales under the registration number 07411933, with a registered address at WS9 8UQ, Walsall, 18 Empire Close Empire Industrial Park, Aldridge.

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