Howardson Group Limited

Howardson Group Ltd, based in Kirk Langley, UK, is a well-established family engineering business with a remarkable 65-year history. Active and boasting a 5.0 Google rating from a single review, the company employs 64 people and holds assets of £9,710,651, generating a yearly revenue of £16,684,700. It’s a large company, meeting two of three criteria: turnover exceeding £36 million, balance sheet total over £18 million, and more than 250 employees. The business operates from a real address and is led by three directors and three owners, with Oliver Megan, Howard Ian David, and Howard Julia being the listed owners.

Howardson Group's core business revolves around the design, production, and distribution of high-quality grounds maintenance equipment worldwide. Their website showcases a diverse range of products, from Dennis mowers to SISIS rotorakes, catering to both commercial and recreational users. The company also highlights its partnerships with brands like SynPro and Hunter Grinders, indicating a broad network within the grounds maintenance industry. Recent news items on the website detail staff participation in charity events and the adoption of sustainable practices by clients like Hibernian Football Club, demonstrating a commitment to community engagement and environmental responsibility.

Financially, Howardson Group presents a mixed picture. While revenue has increased significantly, reaching £17 million, net assets have decreased by 14% to £10 million. Bank borrowings have surged by 1200%, reaching £130,000, and cash reserves have fallen by 17% to £2.5 million. Creditors have also increased by 16%, suggesting a need to manage short-term liabilities. Despite these challenges, the company's large asset base and ongoing revenue generation indicate a degree of financial stability. The company is audited by APC Accountants Limited. The increased borrowings could be linked to investments in new equipment or expansion of operations, but it's a trend to keep an eye on. The company’s workforce has increased by 12%, suggesting growth in demand for their products.

Registered in England/Wales under the registration number 00641526, with a registered address at DE6 4NJ, Kirk Langley, Derby, Howardson Works, Ashbourne Road.

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