Hayward Classics & Sons Limited

Hayward Classics & Sons Ltd from Maidstone UK: a small, active company founded ten years ago, boasts a 5.0-star Google rating from eight reviews. With three employees and £36,551 in assets, it operates from a virtual address—a bit unusual as sixty-five companies share the same location. Two directors and two owners (though the full list may be larger) run this family business, which irregularly imports machinery, boilers, and mechanical appliances, with its last import activity occurring just one month ago.

The company’s core business, as showcased on its website, revolves around classic car restoration and refinishing. Specialising in Italian, German, and British sports cars, Hayward Classics offers a full suite of services, from detailed examinations and reports to fabrication and paintwork. They even provide classic car delivery and collection services, operating from Banky Meadow Farm in Headcorn Road. The website highlights a dedication to quality and craftsmanship, with testimonials praising their expertise and attention to detail. They're also involved in piano restoration, a separate venture with a showroom in Harrods.

Financially, Hayward Classics & Sons Ltd presents a mixed picture. While current assets increased by a respectable 72% to £37,000, net assets declined by 38% to £94,000. Bank borrowings rose significantly by 19% to £33,000, and cash reserves dwindled to just £6. Creditors also increased by 32% to £71,000. The company’s small size—meeting two of three conditions for a small company—helps it remain agile, but the decrease in equity is something to watch. The lack of an auditor mentioned suggests it's exempt as a small company, and the financial statements are unaudited. Overall, Hayward Classics & Sons Ltd seems to be holding its own, but the financial data indicates a need to keep a close eye on its cash flow.

Registered in England/Wales under the registration number 09376383, with a registered address at ME16 9NT, Maidstone, Kent, The Granary Hermitage Court, Hermitage Lane.

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