Hurst Bros. (produce Merchants) Limited

Hurst Bros Produce Merchants Ltd from Southport, UK, is a small, family business with an active status, celebrating 44 years since its founding in 1981. Employing 32 people, the company holds £4,407,174 in assets. It operates from a virtual address – 49 other companies are registered at the same location – and is managed by two directors and two owners. Boasting a perfect 5.0 Google rating from four reviews, Hurst Bros are regular importers of edible fruits and nuts, with 7 months of import activity recorded, the last in December 2023.

The company’s website reveals a dual operation. While Hurst Bros focuses on wholesale fruit and vegetable supply and haulage services from two locations – a Liverpool Food Hub and a warehouse in Lydiate – it also operates a haulage business. The site lists phone numbers, email addresses, and contact details for transport services, suggesting a broader logistics offering. Hurst Bros Ltd is registered with Companies House and holds a VAT registration number, demonstrating its established presence in the industry.

Financially, Hurst Bros shows a mixed picture. Current assets increased by 5.5% to £4,400,000, while net assets rose 9.5% to £4,300,000. Bank borrowings remained constant at £900, and cash reserves grew 14% to £2,700,000. However, trade debtors decreased by 4.2% to £1,400,000, and creditors fell 16% to £540,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in debtors could indicate slower payments from customers. As a small company, it is exempt from an audit, and the financial statements are unaudited.

Overall, Hurst Bros Produce Merchants Ltd appears to be a stable, family-run business navigating the challenges of the wholesale produce industry. The dual focus on produce and haulage, combined with a strong online presence, positions it well for continued success, though keeping an eye on debtor payments is advisable.

Registered in England/Wales under the registration number 01560635, with a registered address at PR9 0UE, United Kingdom, Southport, Merseyside, 1st Floor 8-12 London Street.

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