Holmsley Mill Ltd

Holmsley Mill Ltd, based in Ringwood, UK, is a small, active holding company established 33 years ago. With 10 employees and £424,527 in assets, it’s a modest operation overseen by three directors and two owners. Google users rate it a perfect 5.0 based on 15 reviews. The company is an irregular importer, primarily dealing with wood and wood products, with its last import activity recorded over two years ago.

The company operates in the manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials industries. It's a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s website is not available for analysis.

Financially, Holmsley Mill Ltd presents a mixed picture. Net assets have fallen sharply, dropping 74% to just £18,000. Bank borrowings have decreased by 41%, now standing at £24,000, and cash reserves have increased significantly, rising 57% to £51,000. Trade debtors have decreased by 16%, suggesting improved collection efforts. However, creditors have increased by 11%, reaching £500,000, which could indicate increased reliance on short-term financing. Accumulated depreciation impairment property plant equipment has increased by 13%, which could be a sign of aging equipment. The company is exempt from an audit, so the figures are unaudited.

The significant decrease in equity raises concerns about the company’s long-term financial health, but the increase in cash reserves offers some reassurance. The company’s small size allows for agility, but the financial pressures require careful management.

Registered in England/Wales under the registration number 02678849, with a registered address at BH24 4HY, England, Ringwood, Lyndhurst Road Holmsley, Burley.

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