Harding Brothers Retail Limited

Harding Brothers Retail Limited, based in Bristol, UK, is a large holding company with an active status, having been incorporated eighteen years ago in 2007. Employing 151 people, the company boasts significant assets of £96,679,292 and generates a substantial revenue of £296,145,361 annually. It operates from a real address and is overseen by three directors and one owner. The company regularly imports clothing and accessories made by knitting or crocheting (60 months) and exports special combined nomenclature codes (37 months).

The company’s website reveals it's a major player in cruise retail, acting as a concessionaire for cruise lines. Harding Retail’s mission is to enhance the cruise experience, partnering with over 14 global cruise lines and operating 300 shops across 88 ships, serving over 8 million guests each year. They focus on providing both essential items and memorable experiences for cruise passengers, blending the practical with the extraordinary. The company’s website also highlights its brand partners and career opportunities.

Looking at the financial data, Harding Brothers Retail Limited’s depreciation of computer equipment has increased significantly, from £1.1 million to £2.2 million, suggesting increased investment in technology. The company’s administrative expenses have also risen considerably, from £44 million to £62 million, which could be due to increased operational costs or expansion efforts. Bank borrowings have also increased, reaching £59 million, which could be to fund growth or cover short-term liabilities. However, cash reserves have also increased dramatically, from £240,000 to £3.2 million, which is a positive sign. The company’s turnover has increased by 56%, from £190 million to £290 million.

Despite these positive trends, there are some concerns. The company’s net assets have decreased, and its equity has declined. The increase in bank borrowings, while potentially a sign of investment, could also indicate financial strain. The lack of auditor mentioned suggests the company may be exempt from a full audit, relying on unaudited statements. The company’s focus on cruise retail, while lucrative, makes it vulnerable to fluctuations in the travel industry.

Registered in England/Wales under the registration number 06126331, with a registered address at BS11 8DD, Bristol, Avonmouth Way, Avonmouth.

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