Holloways Of Ludlow Design & Build Limited

Holloways Of Ludlow Design & Build Ltd, based in London, UK, is a small, active company established eighteen years ago. Employing twenty people, it holds £596,862 in assets and operates from a real address. With four directors and three owners, the company runs an e-commerce site and maintains a stellar 5.0 Google rating from two reviews. It’s an irregular importer of furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of February 2022.

The company’s website showcases a wide range of luxury homeware and designer furniture, emphasizing design inspiration and trade contracts. It features prominent brands and offers exclusive collections, with a focus on outdoor furniture and lighting. The site also highlights collaborations with renowned designers and offers a journal with tips and advice. It’s clear that Holloways of Ludlow is targeting a high-end customer base, offering both online sales and trade services.

Financially, the company’s numbers present a mixed picture. Current assets decreased by 6.7% to £600,000, while net assets remained relatively stable at £160,000. Bank borrowings decreased by 12%, reaching £310,000, and cash reserves increased by 5.5% to £520,000. Trade debtors fell by a significant 47%, suggesting improved collections, but creditors increased by 620% to £240,000. 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 flexibility, but the large increase in creditors warrants attention. The company’s accounts are unaudited, as it’s exempt from an audit as a small company.

Overall, Holloways Of Ludlow Design & Build Ltd appears to be navigating a competitive market. While its financial performance shows some challenges, its strong online presence and focus on high-end design position it well for future growth.

Registered in England/Wales under the registration number 06220000, with a registered address at SW14 8AD, London, 75 Sheen Lane, Mortlake.

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