Home Hardware (scotland) Limited

Home Hardware Scotland Ltd, based in Ardrossan, UK, is a sizable company with a 35-year history, currently employing 42 people. The company boasts significant assets, totaling £5,965,085, and generates a yearly revenue of £11,034,687. It's an active business with three directors and one owner, holding a perfect 5.0 Google rating based on three reviews. The company regularly imports furniture, lighting, and prefabricated buildings, with 48 months of import activity recorded.

The company’s website indicates a trade wholesaler, shop owners, suppliers, and all other business enquiries. It also has a careers website for job postings. It’s clear that Home Hardware operates both as a supplier to businesses and caters to individual retail customers.

Financially, Home Hardware appears stable, though with some concerning trends. Current assets have decreased by 6.1%, dropping to £6,000,000, while net assets have also fallen by 8.1% to £2,000,000. Bank borrowings have remained stable, and cash reserves have decreased by 48%, dropping to £400,000. Creditors have also decreased by 16%, suggesting improved debt management. The company meets two of three criteria to be a large company, with a turnover of £11,000,000 and assets of over £5,900,000. The lack of an auditor is likely due to the company’s size, so the financial data is unaudited.

The company’s long history and strong Google rating suggest a well-established business, but the decrease in cash reserves warrants attention. It’s possible that increased investment in inventory or expansion efforts contributed to this trend. The company’s focus on importing furniture, lighting, and prefabricated buildings, combined with its wholesale operations, positions it as a key supplier to the construction and retail sectors—though the financial figures indicate a need to keep a close eye on cash flow.

Registered in Scotland under the registration number SC121685, with a registered address at KA22 7GQ, Ardrossan, Ayrshire, 26a Dalry Road.

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