Nichol & Hill Limited

Nichol & Hill Limited, based in Darlington, UK, is a small holding company with an active status, celebrating 20 years since its founding in 2004. Employing 24 people, the company holds £862,503 in assets and operates from a real address, managed by two directors and a single owner. Google users rate it 4.0 based on six reviews. The company is an irregular importer, primarily dealing in treated or layered fabrics for industrial use, with just one month of imports recorded as of August 2022.

The company’s website, nicholandhill.com, showcases its role as a trusted UK manufacturer of curtains and soft furnishings, specifically targeting the healthcare and hospitality sectors. It emphasizes quality British-made products, quick turnaround times, and cost-effective solutions, offering bespoke manufacturing and nationwide delivery. The site highlights expertise in tailored designs, timely production, and flexible scaling, catering to both small refreshes and large-scale fit-outs. It also offers onsite surveys, expert assistance, and clear quotations, aiming for precision and customer satisfaction.

Financially, Nichol & Hill Limited’s recent performance presents a mixed picture. Current assets have decreased by 15% to £860,000, while net assets have fallen by a modest 0.86% to £660,000. Bank borrowings have risen by 2,400% to £29,000, and cash reserves have fallen 30% to £28,000. Creditors, however, have increased by 25%, suggesting potential challenges in managing short-term obligations. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—allows for agility, but the decline in cash reserves and increase in debt warrants attention. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s focus on the healthcare and hospitality sectors, combined with its commitment to British manufacturing, positions it well for continued success, although careful management of its finances will be essential to navigate current economic pressures.

Registered in England/Wales under the registration number 05287382, with a registered address at DL1 4YA, Darlington, County Durham, Unit 2 Kellaw Road, Yarm Road Business Park.

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