Humber Merchants Limited

Humber Merchants Ltd, based in Scunthorpe, UK, is a small, family-owned holding company with an active status. Established 53 years ago in 1972, the company employs 34 people and holds assets valued at £2,190,748. With three directors and three owners, it operates from a real address and serves as a key agent for timber and building materials. The company also imports various textile products, sets, used clothing, and rags, with the last import operation occurring one month ago.

The company's website showcases a comprehensive range of products, from building supplies and power tools to engineering equipment and safety gear. Humber Merchants Ltd operates both a main warehouse in Scunthorpe and a branch in Immingham, and acquired Industrial Supplies Hull Ltd in 1996, expanding its reach north of the River Humber. A further depot in Doncaster opened in 2003, specializing in architectural ironmongery and power tools, even boasting a repair workshop. The company also has an associate, G. Empson Sons, specializing in timber, offering a wide range of products and bespoke joinery services. The website encourages customers to contact them for special orders.

Financially, Humber Merchants Ltd shows some concerning trends. Cash reserves have plummeted by 31%, dropping to £340,000, while creditors have risen by 7.7%, reaching £1.6 million. Trade debtors have increased by 6.3%, to £770,000, and net assets have decreased by 2.8% to £1.4 million. Although the company’s turnover remains under £10.2 million and assets are under £5.1 million, indicating a small company status, the decline in cash and net assets suggests potential financial pressures. The company’s property, plant, and equipment, however, have increased by 24%, indicating investment in its operations. As a small company, it’s exempt from an audit, and the figures are unaudited. Overall, Humber Merchants Ltd seems to be facing some challenges, although its diverse product range and established presence in the region could help it weather the storm.

Registered in England/Wales under the registration number 01045179, with a registered address at DN15 7JX, England, Scunthorpe, North Lincolnshire, Humber Merchants Limited, Parkinson Avenue.

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