Harrington & Hallworth Limited

Harrington & Hallworth Ltd, based in Ashton Under Lyne, UK, is a small, active company established 33 years ago. Employing 27 people and holding assets of £6,278,615, it’s a well-established player in its sector. The business has three directors and two owners, operating from a real address. It’s an irregular importer of jewelry, precious stones, and metals (just one month of imports recorded in 2024), and a regular exporter of clocks, watches, and their parts (11 months of exports).

The company’s website, Harrington Hallworth, showcases a wide range of luxury watches and jewelry, from Baume Mercier to Roberto Coin, catering to both men and women. It’s clear they’re targeting a high-end market, with a focus on both sales and services, including watch and jewelry repairs, bespoke design, and valuations. They even have a showroom in Wilmslow, suggesting a strong local presence. The site also highlights a partnership with IWC Schaffhausen, further reinforcing its commitment to quality.

Financially, the company's numbers show a bit of a mixed bag. Current assets have decreased by 3.3% to £6,300,000, while net assets have fallen 3.5% to £3,900,000. Bank borrowings have increased by 18%, reaching £230,000, and cash reserves have seen a healthy 42% increase to £39,000. Trade debtors have taken a significant hit, dropping 56% to £43,000, which could be a sign of better credit control. The company qualifies as a small business, meeting two of three criteria, and no auditor is mentioned, so the accounts are unaudited.

Overall, Harrington & Hallworth Ltd appears to be a stable, albeit slightly smaller, operation. While the decrease in assets and debtors is a concern, the increase in cash reserves and the company’s focus on luxury goods suggest it’s navigating the current economic climate well. It’s likely that the company is holding steady, but the decrease in assets and debtors is a concern.

Registered in England/Wales under the registration number 02642180, with a registered address at OL6 7JG, United Kingdom, Ashton Under Lyne, 37 Warrington Street.

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