Harridge Developments Limited

Harridge Developments Ltd from Derbyshire, UK, is a large, active company founded twelve years ago. Despite having just one employee, it boasts significant assets of £3,059,374 and yearly revenue of £2,505,772. The company is led by two directors and owned by a solo founder, Aslam Rahail. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with recent import activity recorded two months ago.

The company’s website, Harridge Development Group, focuses on California real estate and urban infill development projects. It highlights a commitment to creating environments that foster connection and harmonize communities, with a history dating back to 1990. The site showcases past projects and partnerships, emphasizing a philosophy of development and a dedication to quality.

Financially, Harridge Developments Ltd presents a mixed picture. While current assets increased by 40% to £3,100,000, net losses deepened considerably, plummeting 190% to -£85,000. Bank borrowings surged by a staggering 1,100%, reaching £270,000, while cash reserves fell 260% to £44,000. Creditors also increased, rising 49% to £2,900,000. The company’s size (meeting two of three criteria for a large company) and the significant increase in debt suggest it's burning through cash, perhaps fueled by expansion or project costs. The lack of an auditor mentioned implies unaudited statements, so the figures should be viewed with caution. It’s clear that the company’s financial health is under pressure, despite its large asset base and revenue.

Registered in England/Wales under the registration number 08097311, with a registered address at SK13 8AR, Derbyshire, United Kingdom, Bridge House Market Street, Glossop.

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