H.r. Smith (technical Developments) Limited
- Large
- Holding
- Active
- 59 years
- 86 employees
- £4,445,945 (assets)
- Real address
- 4 directors
- 1 owner
- Regular importer
- Regular exporter
- Rating 4.0 (16)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Social media
Phones
Summary
Hr Smith (technical Developments) Limited, based in Leominster, UK, is a well-established holding company with a 58-year history. Employing 86 people and boasting £4,445,945 in assets, the company is a significant player in the aerospace engineering sector. It has four directors and one owner, and currently holds a respectable 4.0-star rating on Google based on 16 reviews. The company regularly imports aircraft, spacecraft, and their parts (for 18 months) and exports electrical machinery and equipment (for a substantial 194 months).
The company’s website reveals a diverse range of activities, extending beyond its technical developments arm. It encompasses a business focused on high-end piano restoration, operating from Cambridge with a presence even in Harrods, London. This division specializes in museum-grade restorations and disaster recovery for damaged pianos, demonstrating a commitment to heritage and craftsmanship. The website also highlights a focus on serving military, civil aviation, and search-and-rescue industries.
Financially, Hr Smith (technical Developments) Limited shows a mixed picture. While average employee numbers increased by 19%, net assets declined by 55% to £3.5 million. Creditors decreased by 41%, which is good, but bank borrowings increased by 2,400% to £29,000. Cash reserves also fell by 30% to £430,000. The company’s size (meeting two of three criteria for a large company) suggests it’s a substantial operation, but the decline in equity warrants attention. The company's accounts are audited by Azets Audit Services. The sharp decrease in equity could be due to a number of factors, such as increased investment in research and development, or perhaps a change in accounting practices. It's likely that the company is reinvesting profits to fuel future growth, but the trend is something to monitor closely.
Registered in England/Wales under the registration number 00878510, with a registered address at HR6 9QA, Leominster, Herefordshire, Street Court, Kingsland.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Hr Smith Group Ltd
- 6 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
- 9
-
Resident of United Kingdom
-
Individual
- 9 years
- 6
-
Resident of United Kingdom
-
Individual
- 11 years
- 5
-
Resident of United Kingdom
-
Individual
- 28 years
- 8
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Confirmation statement made on 2024-11-23 with no updatesDownload 3 pages pdf report
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Full accounts made up to 2024-01-31Download 29 pages pdf report
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Confirmation statement made on 2023-11-23 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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FAQ about H.r. Smith (technical Developments) Limited
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