John Riddel And Son Limited

John Riddel And Son Ltd from Lisburn UK: a small company with an active status, has been operating for an impressive 128 years, founded back in 1897. Employing 16 people, the company holds assets worth £2,075,399 and operates from a real address. It’s managed by five directors and has one owner, boasting a solid Google rating of 4.0 based on 17 reviews. The company is a regular importer of iron or steel products, with 20 months of import activity recorded.

The company’s website describes John Riddel and Son Ltd as Northern Ireland’s leading hardware wholesale distributor, established in 1803 – a discrepancy in founding dates that’s interesting! It prides itself on being a key supplier of quality hardware products for over 200 years, servicing trade merchants in Ulster and beyond. The site highlights experience, quality products, and a reliable service as core values, encouraging visitors to browse their extensive range and contact a local sales representative. The website also mentions a history section and contact details.

Financially, the company’s recent performance shows a mixed picture. While bank borrowings have decreased significantly, dropping by 100% to zero, cash reserves have dramatically increased, rising by 880% to £120,000. However, net assets have also increased by 2%, reaching £2.9 million. Trade debtors have decreased by 20%, while creditors have increased by 34%. The company’s small size—meeting two of three criteria for being a small company—helps it stay flexible, but the increase in creditors could indicate some pressure on working capital. The accounts were audited by CavanaghKelly, a reputable firm. The company’s focus on warehousing and storage for land transport activities suggests a steady, if not spectacular, business model.

Registered in Northern Ireland under the registration number R0000437, with a registered address at BT28 2TJ, Lisburn, 1 Dagger Road, Maze.

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