E C Hollywell Limited

Hollywell Ec Ltd from Shropshire UK: a small, active company established 22 years ago, employs 13 people, and holds £934,839 in assets. It’s a family-run business with five directors and one owner, boasting a stellar 5.0 Google rating from 79 reviews. The company regularly imports furniture, lighting, and prefabricated buildings – most recently in 2016.

The company operates as a furniture and interior specialist, with a website showcasing a wide range of products, from beds and bedroom furniture to dining and living room sets. It appears to be a traditional brick-and-mortar store, emphasizing personal service and competitive pricing. A key selling point is its "never knowingly undersold" policy, alongside free delivery within 100 miles and free carpet fitting. The business even celebrates its 60th anniversary, indicating a long-standing presence in the Oswestry community.

Financially, Hollywell Ec Ltd shows some interesting trends. While current assets increased by 4.6% to £930,000, net assets also grew by 9.9% to £810,000. Cash reserves improved by 11% to £590,000, suggesting a healthy cash position. However, bank borrowings increased to £1,300, and creditors decreased significantly by 19%. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor in the report, indicating it’s likely exempt from an audit.

Overall, Hollywell Ec Ltd appears to be a financially stable business, benefiting from its established reputation and loyal customer base. The increase in bank borrowings could indicate investment in inventory or expansion, but further information would be needed to confirm this. It's a solid, family-run operation that seems to be doing well.

Registered in England/Wales under the registration number 04629858, with a registered address at SY11 1QE, Shropshire, 27-41 Beatrice Street, Oswestry.

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