Hull & Sons Ltd

Hull & Sons Ltd, based in Chelmsford, UK, is a small, active company founded five years ago in 2019. It’s a solo-founded operation with a single director and owner, boasting a respectable 4.0 Google rating from nine reviews. The company operates in the retail sale via mail order houses or via internet, a sector that's increasingly competitive. While it has a real registered address, 362 other companies share the same space, suggesting a virtual address—a common practice for smaller businesses.

The company’s website, though not provided, likely features online sales of goods. Given the retail focus, it’s probable the business has an e-commerce presence, competing with larger online retailers. The single director and owner likely handles all aspects of the business, from sourcing products to fulfilling orders.

Financially, Hull & Sons Ltd presents a mixed picture. Current assets have decreased by 36% to just £1,600, while net assets also declined by 3.4% to -£330. Cash reserves have fallen by 38% to £1,500. Trade debtors remained constant at £130, while creditors decreased by 31% to £2,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity and declining cash reserves are concerning. There's no mention of an auditor, which is typical for small companies exempt from an audit.

Overall, Hull & Sons Ltd seems to be navigating a challenging environment. The declining financial metrics suggest a need for careful management, though the positive Google rating indicates customer satisfaction. It's possible the company is reinvesting in its business, or it could be facing increased competition or rising costs.

Registered in England/Wales under the registration number 11957929, with a registered address at CM3 5NG, England, Chelmsford, Essex, 46 Hullbridge Road, South Woodham Ferrers.

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