Heirloom Waistcoats Limited

Heirloom Waistcoats Ltd from Heywood UK is a small company with an active status, established 22 years ago. It employs four people and holds assets valued at £295,413, operating from a real address. The company is managed by three directors and owned by two individuals. It’s an irregular importer of miscellaneous manufactured goods, with one month of import activity recorded, and an irregular exporter of clothing and accessories, also with one month of export activity.

The company’s focus is on wedding and hospitality waistcoats, as evidenced by its website. It offers a wide range of products, from classic wedding attire to bespoke hospitality wear, including tweed, washable tweed-look waistcoats, and a vast neckwear collection. The website also highlights a piano restoration division, 1066 Pianos, operating from Cambridge with a showroom in Harrods—a surprising diversification from the core waistcoat business. They seem to be exhibiting at the INDX National Menswear Show in February 2025.

Financially, Heirloom Waistcoats Ltd presents a mixed picture. Current assets have decreased by 17% to £300,000, while net assets have fallen 10% to £240,000. Cash bank on hand has seen a significant drop of 61%, down to £62,000. Trade debtors have plummeted 61%, to £34,000, which could indicate improved collection practices, but also potentially reduced sales. Inventories, however, have risen sharply by 79%, to £200,000—a possible sign of stocking up in anticipation of future demand. The company's small size (meeting two of three conditions for being classified as small) allows for flexibility, but the decline in cash reserves warrants attention. As a small company, it's likely exempt from an audit, and the accounts are unaudited.

Registered in England/Wales under the registration number 04614556, with a registered address at OL10 1NX, Heywood, Lancashire, Crown House, Russell Street.

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