Handley Enterprises Limited

Handley Enterprises Limited is a small, active company based in Salisbury, UK, established eight years ago in 2016. It’s a solo-founder operation, employing just one person and holding assets valued at £98,372. With a real registered address and a single director, the company operates from a location shared by seven other businesses.

The business primarily imports and exports optical and medical tools and devices, with 12 months of import activity and 11 months of export activity recorded. Its website, Handley Enterprises, showcases a range of products including Jenquip Plate Meters, Quad Safety Equipment, and Workwear, catering to the agricultural sector. The company acts as a distributor for Jenquip Plate Meters within the UK and EU, offering servicing and repair for these meters, as well as parts. A bicycle repair service is also offered to local cyclists.

Financially, Handley Enterprises shows a mixed picture. Current assets have decreased by 7.6% to £98,000, while net assets have increased by 25% to £19,000. Cash reserves have seen a significant boost, increasing by 110% to £20,000. However, trade debtors have fallen dramatically by 59%, suggesting a potential issue with collecting payments. Bank borrowings have increased slightly by 2.5%. The company meets the criteria for a small business, with turnover less than £10.2 million, assets less than £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The sharp decrease in trade debtors is something to keep an eye on, but the increase in cash reserves is a positive sign. Whether Handley Enterprises can continue to thrive as a niche distributor remains to be seen, but its diverse offerings and local bicycle repair service could provide a solid foundation.

Registered in England/Wales under the registration number 10461415, with a registered address at SP1 2AS, England, Salisbury, 35 Chequers Court, Brown Street.

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