Hanson-tower Limited

Hanson-tower Limited, based in Strood, Rochester, UK, is a small, active company established 46 years ago in 1978. With six employees and £972,309 in assets, it's a long-standing business boasting a perfect 5.0 Google rating from three reviews. The company has three directors and one owner, Pettengell Paul Hanson, and operates from a real address. It’s a regular importer, specializing in raw hides and skins (not fur) and leather, with 42 months of import activity recorded, the last in February 2025.

The company's website, Hanson-tower Limited, describes itself as a leather goods shop, specializing in the tanning and dressing of leather and the dyeing of fur. While the website doesn't explicitly detail e-commerce operations, it suggests a focus on high-quality materials and craftsmanship. It’s a family-run business, with a strong emphasis on British heritage.

Financially, Hanson-tower Limited presents a mixed picture. Current assets have decreased by 17%, falling to £970,000, while net assets have increased by 3.6%, reaching £1.3 million. Bank borrowings have remained consistent, and cash reserves are stable at £150,000. Trade debtors have decreased by 20%, which could be a positive sign of improved collection efficiency. Creditors have also decreased by 50%, suggesting better management of short-term liabilities. 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 decrease in finished goods by 19% raises questions about inventory management. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

Overall, Hanson-tower Limited appears to be navigating a period of adjustment. While the decrease in current assets is a concern, the increase in net assets and the decrease in liabilities suggest a degree of financial stability. The company's long history and reputation for quality could help it weather any challenges.

Registered in England/Wales under the registration number 01394030, with a registered address at ME2 2JH, Strood Rochester, Kent, Hanson House, Knight Road.

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