Hoults Merchants Limited

Hoults Merchants Ltd from Huddersfield, UK, is a small, family business with an active status, established five years ago. Employing just five people, the company holds £258,528 in assets and operates from a real address. Two directors and two owners manage the business, which boasts a stellar 5.0 Google rating from 57 reviews. It's an irregular importer, primarily dealing in drinks, alcohol, and vinegar, with the last import activity recorded one month ago in June 2023.

The company’s website is currently unavailable, making it difficult to determine the extent of its online presence or e-commerce operations. However, it’s known that Hoults Merchants Ltd operates within the wholesale of wine, beer, spirits, and other alcoholic beverages industries.

Financially, Hoults Merchants Ltd appears to be in a stable, though not rapidly growing, position. Current assets increased by 25% to £260,000, while net assets grew by 47% to £55,000. Bank borrowings have been eliminated, a positive sign, and cash reserves have doubled to £93,000. Trade debtors decreased by 19%, suggesting improved collection practices. Creditors, however, increased by 26% to £220,000, which could be related to increased inventory purchases. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in creditors warrants monitoring. As a small company, it's likely exempt from an audit, so the figures are unaudited.

The company's increase in depreciation impairment property plant equipment by 35% could indicate investments in equipment or property, and the decrease in bank borrowings is a good sign. Overall, Hoults Merchants Ltd seems to be managing its finances well, though continued monitoring of creditor levels is advisable.

Registered in England/Wales under the registration number 12514942, with a registered address at HD1 5DL, United Kingdom, Huddersfield, West Yorkshire, Hoults Wine Merchants, 6 Viaduct Street.

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