N Arnison & Sons Limited

N Arnison And Sons Ltd from Cumberland UK: small company, active status, founded 81 years ago, 11 employees, £175,797 assets, real address, 3 directors, 2 owners, family business, google rating 5.0 based on 29 reviews. Regular importer of clothing and accessories, not knitted or crocheted (4 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £175,797.

Based in Penrith, N Arnison & Sons Limited operates as a retail clothing store, specializing in sales through both a physical location and an online presence. The company’s history stretches back to 1943, making it a long-standing business in the Cumberland area. While the core business focuses on clothing retail, it’s a family-run operation with three directors and two owners. The company is a regular importer, bringing in clothing and accessories—not knitted or crocheted—with the most recent imports occurring in August 2024. It’s a real address, with only one company registered at the same address.

Financially, N Arnison & Sons Ltd presents a mixed picture. While cash reserves have fallen by 55% to £10,000, creditors have also decreased significantly, suggesting improved debt management. Bank borrowings have also decreased, dropping by 41% to £7,400. However, net assets have experienced a substantial decline, falling 40% to £30,000. Trade debtors have increased, which could be a sign of delayed payments from customers. The company's small size and family ownership likely contribute to its agility, but the decrease in equity raises questions about its long-term financial health. The company’s accounts are unaudited, a common practice for small businesses.

Registered in England/Wales under the registration number 00384031, with a registered address at CA11 7SP, Cumberland, 18 Devonshire Street, Penrith.

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