Harrington & Byrne Limited

Harrington and Byrne Limited, based in London, UK, is a large holding company with an active status. Founded ten years ago in 2014, the company employs sixty-one people and holds assets worth £13,469,364. It operates from a real address in Mayfair and is overseen by four directors and one owner, boasting a 3.0 rating from eighty-nine Google reviews.

The company specializes in the retail sale via mail order houses or via internet, focusing on collectible coins and stamps. Its website highlights a vast selection of coins, including rare and limited-edition pieces, and offers expert advice to collectors. Notably, Harrington and Byrne also operates a separate division dedicated to high-end piano restoration, showcasing museum-grade restorations and disaster recovery services. This division, 1066 Pianos, has a showroom in Harrods and has been operating for nearly seventy years.

Financially, Harrington and Byrne Limited’s report reveals a mixed picture. Current assets decreased by 9.2% to £13,000,000, while net assets also declined by 9.8% to £10,000,000. Bank borrowings remained stable, but cash reserves fell 19% to £3,300,000. Despite these declines, the company managed to reduce its creditors by 7.6%, suggesting improved debt management. The company’s turnover is estimated to be over £36 million, and it meets two of the three criteria to be considered a large company. The report was audited by Saffery LLP.

The decrease in net assets could be attributed to increased investment in inventory or expansion of the piano restoration division. The stable bank borrowings and reduced creditors indicate a degree of financial stability, despite the overall decline. While the company’s Google rating isn't stellar, the presence of a dedicated account manager and interest-free installment options suggest a focus on customer service.

Registered in England/Wales under the registration number 09027723, with a registered address at W1S 1BN, England, London, 17 Hanover Square, Mayfair.

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