Honey Brothers Limited

Honey Brothers Ltd, based in Ashford, UK, is a sizable holding company with an active status, established seventeen years ago. Employing forty-two individuals and boasting assets of £4,039,432, the company generated a revenue of £13,135,417 in its most recent financial year. While it operates from a registered address, 781 other companies are also registered there, suggesting a virtual address. The company is managed by four directors and has one owner. Honey Brothers Ltd runs an e-commerce site and maintains a stellar 5.0 Google rating based on 228 reviews.

The company's primary activities involve importing textile padding, felt, and nonwoven fabrics, ropes, and cables (imported for 214 months) and exporting machinery, boilers, and mechanical appliances, parts (exported for 182 months). Its website showcases a wide range of climbing and arboricultural equipment, from ropes and harnesses to saws and safety gear, catering to professionals in the tree care and climbing industries. It’s clear that Honey Brothers Ltd has diversified its offerings beyond its import/export activities.

Financially, the company’s performance presents a mixed picture. Accrued liabilities decreased by 42%, while accumulated amortisation for computer software increased by a significant 94%. Bank borrowings increased substantially, by 81%, reaching £820,000. However, cash bank on hand also increased by 15%, to £500,000. Turnover revenue grew by a healthy 41%, to £13 million, but net assets declined by 8.7%, to £3.3 million. The company’s small size (meeting two of three criteria for a large company) helps it stay agile, but the decrease in equity raises questions. No auditor is mentioned, likely due to the company’s size, so the figures rely on unaudited statements.

The increase in bank borrowings and the decrease in net assets may indicate that Honey Brothers Ltd is investing in its e-commerce operations or expanding its product lines—a common strategy for growing businesses. The company’s strong Google rating and wide range of products suggest that it’s well-positioned to continue its growth trajectory, although careful management of its finances will be crucial.

Registered in England/Wales under the registration number 06298752, with a registered address at TN27 0JS, England, Ashford, Kent, King Arthurs Court Maidstone Road, Charing.

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