Hill Cross Furniture Limited

Hill Cross Furniture Ltd, based in Northallerton, UK, is a small, holding company with an active status. Founded 25 years ago in 2000, the company employs 32 people and holds assets valued at £3,266,309. With three directors and one owner, and a real address, it’s a well-established business. The company regularly imports and exports furniture, lighting, and prefabricated buildings – 259 months of imports and 58 months of exports recorded.

Hill Cross Furniture operates as a contract furniture supplier, offering a wide range of products including chairs, tables, outdoor furniture, and bespoke seating options. Their website highlights a focus on commercial clients, showcasing projects for high-profile locations like Lina Stores in Shoreditch and The Orangery at Kensington Palace. They even offer refurbishment services and a table top builder tool, suggesting a commitment to customer customization. The company works with several brands and emphasizes its family-owned heritage and British craftsmanship.

Financially, Hill Cross Furniture presents a mixed picture. While cash reserves increased by 17% to £690,000, net assets grew significantly by 61% to £1.4 million. However, intangible assets declined sharply, dropping 88% to £3,500. Bank borrowings disappeared entirely, a positive sign, but trade debtors increased substantially, rising 100% to £1.1 million. Creditors also decreased by 20%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debtors could signal challenges in collecting payments. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Hill Cross Furniture appears to be a stable business with a strong reputation, but the rise in debtors warrants attention. The company's focus on contract furniture and bespoke services, combined with its family-owned structure, positions it well for continued success—though managing cash flow will be key.

Registered in England/Wales under the registration number 03924678, with a registered address at DL7 0HL, Northallerton, North Yorkshire, Cramble Cross, North Cowton.

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