Holloways Of Ludlow Limited

Holloways Of Ludlow Limited, based in Ludlow, UK, is a small, active company established 20 years ago. With 43 employees and £1,927,772 in assets, it's a well-established business operating from a real address. The company is led by a single director and owner, who is also the solo founder. It regularly imports and exports furniture, lighting, and prefabricated buildings—a substantial 866 months of import activity and 53 months of export activity recorded.

The company’s website, hollowaysofludlow.com, presents itself as a destination for great design, offering a curated selection of furniture, lighting, and home accessories. It’s clearly an e-commerce business, with a focus on high-end brands and a sophisticated aesthetic. The site features a “My Basket” function, a clear call to action, and a dedicated “Outlet” section with discounted items. It even offers a "contracts" service for trade customers. The website showcases a wide range of brands, including HAY, Tom Dixon, and Anglepoise, and emphasizes design inspiration through a dedicated "Journal" section.

Financially, Holloways Of Ludlow Limited shows some concerning trends. Net assets decreased by 18%, dropping to £910,000, while net current assets fell by 28%, reaching £370,000. Bank borrowings decreased by 23%, settling at £310,000, and cash reserves increased significantly by 300% to £120,000. Trade debtors decreased by 26%, suggesting improved collection efforts. However, creditors increased by 30%, reaching £120,000. 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 it to remain nimble, but the decline in equity warrants closer examination. There is no auditor mentioned, which is likely due to the company’s exemption as a small entity.

Overall, Holloways Of Ludlow Limited appears to be a well-established e-commerce business with a strong brand identity. While the recent financial figures show some areas of concern, the company’s solid foundation and focus on design suggest it has the potential to weather these challenges. It seems like they are doing well, but need to watch their creditors.

Registered in England/Wales under the registration number 05368235, with a registered address at SY8 1XE, England, Ludlow, Shropshire, Unit 4 Coder Road, Ludlow Business Park.

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