Horobinlimited

Horobin Ltd from Willenhall UK is a small, holding company with an active status, celebrating 95 years since its founding in 1930. Employing 16 people, the company holds assets totaling £2,230,697 and operates from a real address within the Willenhall Trading Estate. With one director and one owner, Horobin Ltd also runs an e-commerce site, regularly importing iron or steel products (109 months) and exporting miscellaneous metal items (101 months).

The company’s website showcases a broad range of construction site supplies, from timber and concrete to power tools and PPE. It’s clear that Horobin Ltd caters to a diverse clientele within the construction industry, offering both physical products and online ordering capabilities. The site is well-organized, with clear categories and detailed product descriptions, suggesting a focus on user experience.

Financially, Horobin Ltd presents a mixed picture. While current assets are stable at £2,200,000, bank borrowings have increased by 7.4% to £59,000. Creditors have also risen by 8.9% to £660,000, which could indicate an expansion of operations or perhaps a reliance on credit. The company’s net assets, however, remain strong at £1,400,000. A significant drop in deferred income, down 62%, suggests a change in payment terms or a decrease in outstanding invoices. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the rising debt levels warrant closer monitoring. No auditor is mentioned, which is common for small, exempt companies. The increase in property plant equipment, up 550%, suggests investment in the business, although the exact nature of this investment isn’t clear. Overall, Horobin Ltd appears to be a well-established, albeit slightly leveraged, player in the construction supply market.

Registered in England/Wales under the registration number 00245358, with a registered address at WV13 2JW, England, Willenhall, West Midlands, Midacre, Willenhall Trading Estate.

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