John Watson Joinery Ltd

John Watson Joinery Ltd, based in Hartlepool, UK, is a small, active company established 42 years ago in 1982. With 58 employees and £2,153,987 in assets, it's a well-established player in the local economy. The company, led by five directors and a single owner, maintains a real address and boasts a 3.0 Google rating from eight reviews – room for improvement there. It's a regular importer of machinery, boilers, and mechanical appliances, with recent activity recorded as of February 2024.

The company operates in the “other manufacturing n.e.c.” industries, and its website, while not fully detailed, suggests a focus on joinery and potentially related services. It's a small company, meeting two of the three criteria for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The business is a family affair, with Watson Edward and Watson Betty Dunlop among the directors.

A review of the company’s financials reveals some interesting trends. While cash reserves dipped 31% to £100,000, future minimum lease payments unexpectedly surged 2100% to £39,000—a significant increase that warrants further investigation. Creditors decreased slightly, but net assets rose 5% to £1,800,000. Trade debtors also increased by 2.2% to £1,300,000. The company’s small size allows for flexibility, but the increase in lease payments could indicate expanding operations or new commitments. The accounts are unaudited, and the company is exempt from an audit under the Companies Act, relying on director-reported data.

Despite the mixed financial signals, John Watson Joinery Ltd appears to be a stable, long-standing business. The recent changes to the director list—just one month ago—suggest a period of transition or restructuring. The company’s heritage and local presence, combined with its ongoing import activity, position it to continue serving its customers in the Hartlepool area.

Registered in England/Wales under the registration number 01687926, with a registered address at TS25 1JZ, United Kingdom, Hartlepool, Cleveland, Usworth Road Industrial Estate, Belle Vue Way.

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