John Hitch Seating Limited

John Hitch Seating Ltd, based in London, UK, is a small, family-run business with an active status. Founded thirteen years ago in 2012, the company employs ten people and holds £110,738 in assets. It operates from a real address and is led by two directors and two owners. Google reviews are stellar, boasting a 5.0 rating from fourteen customers. The company is an irregular importer, specializing in natural fibers, paper yarn, and fabrics made from paper yarn, with recent imports recorded two months ago.

The company’s website highlights its focus on modern seating design and manufacture, offering both bespoke and ready-made furniture. It appears to be a design-led business, with a focus on quality and craftsmanship, and doesn’s seem to be an e-commerce site. The company operates from Grenville Road, London, and has a showroom.

Financially, John Hitch Seating Ltd presents a mixed picture. While bank borrowings have decreased significantly, dropping by 100% for some instruments, cash reserves have plummeted 84% to just £5,500. Creditors have also increased by 26%, suggesting a reliance on credit. The company’s small size (meeting two of three conditions for being classified as small) helps it remain agile, but the sharp decline in cash and equity (-180%) raises concerns. Depreciation charges for property, plant, and equipment have remained stable. No auditor is mentioned, which is typical for small, exempt companies.

Overall, John Hitch Seating Ltd seems to be navigating a challenging period. While its design focus and positive customer reviews are strengths, the financial data suggests it’s burning through cash. Whether this is a temporary setback or a longer-term trend remains to be seen—but the company will need to carefully manage its finances to ensure its survival.

Registered in England/Wales under the registration number 08028346, with a registered address at N19 4EH, England, London, Unit 22 1st Floor, Grenville Road.

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