Herbst Ltd

Herbst Ltd is a small, active company based in London, UK, founded five years ago. With 16 employees and £304,011 in assets, it operates as a solo founder venture led by a single director and owner. The company's real address and active status indicate a functioning business.

The company's website reveals it's a manufacturer of trailers, screeners, and crushers for the agricultural, construction, and recycling industries. Based in Tyrone, Northern Ireland, Herbst Machinery Ltd has been producing quality trailers since 1983, expanding into recycling machinery more recently. The website highlights a commitment to affordable prices and innovation, showcasing a range of products including low loaders, dump trailers, and screeners. It also includes a section for WordPress design ebooks, offering a surprising and perhaps unrelated side venture. The company participates in several industry events, including ICE EXPO, Grounds Fest, and CQMS Exhibition, demonstrating its engagement with the market.

Financially, Herbst Ltd presents a mixed picture. While cash reserves increased dramatically by 1,100% to £52,000, net assets declined by 49% to -£870,000. Bank borrowings surged by a significant amount, reaching £180,000, suggesting increased reliance on debt financing. Creditors also rose by 16%, indicating a build-up of short-term liabilities. The company’s average number of employees increased by 12% to 18, which could be a sign of growth, but it also means higher wage expenses. Accumulated depreciation on property, plant, and equipment increased by 45%, 66%, and 60% respectively, which is not necessarily a bad sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the substantial equity drop raises concerns. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 12214129, with a registered address at E8 4EA, England, London, 322-324 Acton Mews, Planque.

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