Hickman & Love (tipton) Limited

Hickman & Love (Tipton) Limited, based in the West Midlands, UK, is a well-established family business with a remarkable 86-year history. Currently employing 72 people, the company holds assets valued at £7,516,863 and operates from a real address. With five directors and three owners, it’s a respected name in the concrete industry. A 4.0 Google rating from 15 reviews reflects customer satisfaction. The company regularly imports machinery, boilers, and mechanical appliances parts, with the latest import operation occurring in September 2024.

The company’s website details its role as a specialist manufacturer and supplier of steel reinforcing products. They offer a wide range of products, including reinforcing steel mesh, bar reinforcement, metal beams, and accessories, catering to the construction industry throughout the UK and Ireland. They even provide services like prefabrication and stainless steel reinforcement continuity systems. The website highlights their commitment to quality, boasting accreditations like CARES and MPA British Precast Member. They also offer a range of services including fence post steel bars and RSJ beams.

Financially, Hickman & Love (Tipton) Limited shows a mixed picture. While turnover remains substantial, it declined by 27% to £9.3 million. Net assets increased by 7.2% to £7.8 million, but cash reserves dropped by 3.9% to £4.2 million. Bank borrowings surged by 87%, reaching £4.2 million, and creditors decreased by 39% to £3.1 million. The company’s size (meeting two of three criteria for a large company) suggests a solid foundation, but the increase in borrowings warrants attention. No auditor is mentioned, meaning the figures are unaudited.

Overall, Hickman & Love (Tipton) Limited appears to be a resilient and respected player in its sector. While the financial data indicates some challenges, its long history, family ownership, and commitment to quality suggest a stable future.

Registered in England/Wales under the registration number 00343941, with a registered address at WV14 8JZ, West Midlands, Budden Road, Coseley.

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