Hird And Partners Sheffield Llp

Hird And Partners Sheffield Llp from Halifax, UK, is a small, active company founded three years ago. With £1,255,841 in assets and a real address at 2 King Street, it’s managed by seven directors and seven owners. The company boasts a stellar 5.0 Google rating based on 52 reviews. It functions as an irregular importer, primarily dealing in optical and medical tools and devices, with its last import operation occurring one month ago in October 2023.

The company’s website is non-existent, making it impossible to determine the specifics of their operations beyond the import activity. It’s unclear if they operate a retail storefront or provide services.

Financially, Hird And Partners Sheffield Llp shows some interesting trends. While net assets increased by 9.9% to £1,900,000, cash reserves also saw a significant jump of 260% to £810,000. However, trade debtors decreased by 35% to £340,000, which could indicate challenges in collecting payments. Bank borrowings increased by a staggering 2,400% to £29,000, suggesting the company may be relying on debt financing. Creditors decreased by 5.2% to £78,000, a positive sign of better debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s financial data also reveals a significant increase in accumulated amortisation impairment intangible assets, jumping 140% to £120,000. Depreciation on motor vehicles also increased substantially, rising 1900% to £34,000. While these increases might seem concerning, they could be related to investments in assets to support its import business.

Registered in England/Wales under the registration number OC439691, with a registered address at HX1 1SR, England, Halifax, West Yorkshire, 2 King Street.

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