John Hogg & Co Limited

John Hogg & Co Limited, based in Lisburn, Northern Ireland, is a 134-year-old holding company with a real address and an active trading status. The company, founded in 1890, employs 14 people and holds assets worth £7.11 million. It's a family business overseen by six directors and two owners, with Webb Ian William Larmor and Webb Robert Mitchel being the owners. The company is registered with Companies House under the number R0000419.

The business operates primarily as a holding company, but it also imports and exports tanning and dyeing products – 41 months of import activity and 51 months of export activity have been recorded. The company's website, located at 16 St Helen's Business Park, Holywood, Co Down, indicates a broader range of activities, including the manufacture of dyestuffs and markers. The company also owns several subsidiaries, including Curtina Limited, Got JH Limited, and Orr's Travel Limited.

Financially, John Hogg & Co Limited presents a mixed picture. Current assets increased by 16% to £7.1 million, while net assets increased by 52% to £13 million. However, bank borrowings decreased by 9.6% to £4.6 million, and cash reserves increased by a remarkable 1400% to £1.9 million. Creditors decreased by 82% to £800,000, and deferred tax assets decreased by 58% to £360,000. The company’s increased cash reserves and decreased creditors suggest improved financial management. However, the decrease in deferred tax assets could be a result of changes in tax legislation or company strategy. The company’s auditor is ASM (B) Ltd.

The company’s significant increase in cash reserves is a positive sign, suggesting it may be reinvesting in its operations or preparing for future growth. The decrease in bank borrowings is also encouraging, indicating reduced reliance on external financing. However, the decrease in deferred tax assets warrants further investigation to understand its underlying causes. The company’s long history and family ownership provide a stable foundation, but its financial performance will need to be closely monitored to ensure continued success.

Registered in Northern Ireland under the registration number R0000419, with a registered address at BT28 2XF, Northern Ireland, Lisburn, 3 Portman Business Park.

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