Heritage Silverware Limited

Heritage Silverware Limited, based in Birmingham, UK, is a small, family-run business with an active status, celebrating 49 years since its founding in 1975. Employing 27 people and boasting assets of £1,289,995, the company operates from a real address and is managed by three directors and two owners. It’s a regular importer and exporter, specializing in basic metal tools and utensils—92 months of imports and 56 months of exports recorded.

The company's website showcases a diverse range of tableware, from silverware and stainless steel cutlery to fine bone china, stoneware, and glassware. It's a manufacturer of luxury and bespoke tableware, catering to the hospitality and catering (HORECA) market. Heritage Silverware offers a flexible service, designing tableware for hotels, restaurants, and interior designers, even offering complete tableware solutions. The website highlights its British craftsmanship and a commitment to innovation, with a focus on both traditional and contemporary designs.

Financially, Heritage Silverware Limited shows some concerning trends. Cash bank on hand has dropped significantly by 45%, falling to £240,000. Creditors have increased by 11%, reaching £490,000, and net assets have plummeted by 18%, settling at £980,000. While trade debtors remain stable, the decrease in cash and rise in creditors suggests potential cash flow pressures. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity is something to watch. The accounts are unaudited, likely due to the small company exemption. Despite these challenges, the company's focus on bespoke solutions and high-end markets could help it weather the storm.

Registered in England/Wales under the registration number 01238033, with a registered address at B9 5DB, Birmingham, 62 Green Lane, Small Heath.

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