J. & N. Herz Limited

J & N Herz Ltd from Reddish Stockport UK: a small, active company founded 44 years ago, employs 20 people, and holds £1,272,549 in assets. It’s a family business with a stellar 5.0 Google rating based on two reviews. The company regularly imports clothing and accessories made by knitting or crocheting (460 months imported) and exports clothing and accessories, not knitted or crocheted (43 months exported). It’s run by three directors and three owners, with Herz Daniel Adam, Herz Jeremy Simon, and Herz Nicholas at the helm.

The company’s website, ExChainstore Wholesalers, showcases a wide range of ladieswear, menswear, and childrenswear, offering starter packs and accessories. It positions itself as the UK’s leading wholesale clothing company, supplying discount fashion to chainstores. The site highlights overnight and next-day delivery services, even offering transportation overseas. It's clear the business is focused on bulk sales to retailers, not direct-to-consumer.

Financially, J & N Herz Ltd shows a mixed picture. Cash bank on hand has decreased by a significant 32%, dropping to £370,000, which could indicate increased investment or operational expenses. Creditors have risen by 46%, reaching £780,000, suggesting the company is relying more on credit from suppliers. However, current assets have increased by 14%, now standing at £1,300,000, and debtors have surged by 130%, reaching £450,000—potentially reflecting increased sales but also a risk of delayed payments. Equity has decreased by 16%, now at £490,000, which is something to keep an eye on. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, which is common for small, exempt companies.

Overall, J & N Herz Ltd appears to be navigating a period of change. While sales are up, the decrease in cash reserves and the rise in debt warrant closer monitoring. The company’s long-standing presence and family ownership suggest resilience, but the financial trends indicate a need for careful management to ensure continued success.

Registered in England/Wales under the registration number 01519240, with a registered address at SK5 7DL, Reddish Stockport, Cheshire, Broadstone House, Broadstone Road.

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