Hull Cartridge Company Limited

Hull Cartridge Company Limited, based in Kingston Upon Hull, UK, is a large, active company founded 40 years ago. With 43 employees and £12.8 million in assets, the company generated £19.6 million in revenue last year. It’s a well-regarded business, boasting a 5.0 Google rating from 37 reviews, and has three directors and two owners. The company regularly imports and exports weapons and ammunition, with 58 months of import activity and 10 months of export activity recorded.

The company’s website showcases its expertise in manufacturing and supplying shotgun cartridges, particularly for clay target shooting and hunting. It’s been in business since 1947, and the website highlights its range of cartridges, from competition-grade Sovereign models to game cartridges. They even offer a factory tour video, demonstrating their commitment to quality and British craftsmanship. The website also features news and events, including upcoming shooting competitions, and a section dedicated to the company's support for the Race Against Dementia charity.

Financially, Hull Cartridge shows a mixed picture. While turnover increased by 9.6% to £20 million, net assets remained stable at £11 million. However, cash bank on hand decreased by 8.6% to £3.3 million, and bank borrowings increased by 150% to £29,000. Creditors also rose by 41% to £34,000, suggesting a need to manage short-term liabilities. The company’s depreciation expense increased by 35%, indicating investment in plant and machinery. Despite these fluctuations, the company remains profitable, with profits remaining stable at £0.7 million. The company's unaudited accounts are reviewed by Harris Lacey and Swain.

Overall, Hull Cartridge Company Limited appears to be a well-established and reputable business, navigating the challenges of a competitive market. The company's focus on quality, British manufacturing, and charitable support positions it well for continued success, although careful attention to short-term finances will be important.

Registered in England/Wales under the registration number 01870205, with a registered address at HU5 4HZ, Kingston Upon Hull, Bontoft Avenue, National Avenue.

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