Hilliers Limited

Hilliers Ltd from Bristol UK: a small, active company established 21 years ago, employs 10 people, and holds £521,600 in assets. It operates from a virtual address – thirty one companies registered at the same location – and is led by two directors and two owners. Boasting a perfect 5.0 Google rating based on four reviews, Hilliers Ltd is a regular importer of optical and medical tools and devices, with import activity spanning the last twelve months.

The company’s website reveals a focus on workshop equipment and services. Hilliers Ltd positions itself as a trusted supplier, installer, and maintainer to over 1000 customers throughout the south and southwest of England and Wales. They provide a full range of services to the vehicle maintenance industry, working with top-quality manufacturers to offer equipment from the UK and beyond. Projects highlighted on the site include supplying equipment for a Porsche Centre in Swindon and a new Audi, VW, Skoda, and VW Commercial site in North Wales. Testimonials from satisfied clients emphasize their knowledge, understanding of the retail motor business, and ability to minimize workshop downtime. The website also features a section on professional equipment services, including tool calibrations, service maintenance, and workshop design.

Financially, Hilliers Ltd presents a mixed picture. Current assets decreased by 6.8% to £520,000, while net assets plummeted 790% to just £3,300. Bank borrowings decreased by 16%, reaching £28,000, and cash reserves increased by 260% to £16,000. Creditors decreased by 12%, suggesting better 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) helps it stay agile, but the sharp equity drop raises questions. The company is exempt from audit as a small company, so the figures are unaudited.

The increase in average employees reported during the period, from 10 to 15, suggests a period of growth and expansion. However, the decrease in trade debtors indicates a potential issue with customer payments, or perhaps a shift in credit terms. Overall, Hilliers Ltd appears to be navigating a period of transition, balancing growth with financial challenges.

Registered in England/Wales under the registration number 05005427, with a registered address at BS3 2ST, Bristol, Suite 1, Liberty House, South Liberty Lane.

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