Hermes Abrasives Limited

Hermes Abrasives Limited, based in Colchester, UK, is a small, holding company with an active status. Founded forty years ago in 1984, the company operates from a real address and is managed by three directors under the ownership of one individual. It’s a regular importer and exporter, specializing in stone, plaster, cement, and similar material products, with 132 months of import activity and 101 months of export activity recorded—the most recent in February 2025. The company operates in the other manufacturing n.e.c. industries.

While the company’s website is not available, it's likely that Hermes Abrasives Limited focuses on the wholesale or distribution of abrasive products, given its import/export activity. It’s probable that the company doesn’s have an e-commerce presence, instead relying on business-to-business sales.

Financially, Hermes Abrasives Limited presents a mixed picture. Although the company is small (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its net assets have decreased slightly, and bank borrowings have increased. Debtor values have also increased, suggesting a potential need for cashflow management. Creditors have also increased, but not dramatically. The company’s auditors are Haines Watts, and the financial statements were authorised for issue on May 14, 2024. The company’s tax policy includes a statement that deferred tax is recognised in respect of all timing differences. The company has retained the risk and reward associated with the ownership of debts factored under a confidential invoice discounting facility.

Overall, Hermes Abrasives Limited appears to be a stable, albeit small, business. The increase in debt and decrease in cash reserves may indicate a need for careful financial planning—but the company’s long-standing presence and consistent import/export activity suggest a degree of resilience.

Registered in England/Wales under the registration number 01858788, with a registered address at CO4 9LW, Colchester, Essex, Severalls Park, Wyncolls Road.

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