J. Heebink (manchester) Limited

J. Heebink Manchester Ltd, based in Manchester, UK, is a small, active company with a 29-year history. Employing nine people and holding £1,152,424 in assets, it operates from a real address and is overseen by four directors and one owner. The company regularly imports ceramic products (three months of activity) and exports machinery, boilers, and mechanical appliances (nineteen months). Its website, the7.co.uk, lists a wide range of cities across the UK, suggesting a broad distribution network.

The company’s core business involves warehousing and storage for land transport activities, according to its description. The website also lists related companies, including AST Express Ltd and Penta Foods Ltd, hinting at potential partnerships or shared resources. It’s a fairly standard operation, though the sheer number of cities listed on the website is a little overwhelming.

Financially, J. Heebink Manchester Ltd shows some concerning trends. Current assets have fallen by 44%, dropping to £1,200,000, while net assets have increased by 4%, reaching £1,100,000. Cash reserves have seen a significant decline, falling 38% to £220,000. Trade debtors have also decreased by 45%, now at £930,000. Creditors, however, have plummeted 93%, reducing to just £73,000 – a positive sign of improved debt management. Bank borrowings have also decreased, which is good. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. The company’s auditor is DJH Mitten Clarke Audit Limited.

Despite the decrease in assets, the company’s equity has increased, suggesting retained earnings or other factors offsetting the asset decline. The decrease in creditors is a good sign, but the drop in cash reserves warrants attention. It’s likely that the company is managing its finances carefully, but the trends indicate a need for close monitoring.

Registered in England/Wales under the registration number 03143143, with a registered address at M17 1QS, Manchester, Unit 9 Clarence Avenue Westpoint, Enterprise Park Trafford Park.

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