Nicholas Herbert Ltd

Nicholas Herbert Ltd: a small, active company founded 38 years ago, operates with a lean team of four employees and holds £970,623 in assets. Based in London with a real address, it’s led by one director and owner. The company is a regular importer and exporter of various natural fibers from plants, paper yarn, and fabrics made from paper yarn—importing for 21 months and exporting for a substantial 153 months.

The company’s website showcases a focus on fabrics and wallpapers, with a strong emphasis on prints and luxury designs. It’s clear that Nicholas Herbert Ltd operates a retail business, selling through its website and likely catering to interior designers and consumers seeking high-end home furnishings. The site highlights collaborations with renowned designers and photographers, suggesting a commitment to quality and style.

Financially, Nicholas Herbert Ltd presents a mixed picture. Current assets have decreased by 6.5% to £970,000, while net assets have increased by 16% to £1,200,000. Cash bank on hand, however, has fallen by 12% to £770,000. Creditors have increased significantly by 110% to £120,000, which could indicate investment in inventory or expansion. Trade debtors have also risen by 110% to £59,000. Fixed assets have seen a dramatic increase of 370% to £380,000, which may be due to investments in equipment or property. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in debt warrants monitoring. As a small company, Nicholas Herbert Ltd is exempt from an audit, relying on unaudited financial statements.

Overall, Nicholas Herbert Ltd appears to be navigating a period of change, with increased investment and debt alongside a solid asset base. The company’s focus on high-end design and its long-standing presence in the market suggest a resilient business, but close attention to cash flow and debt management will be crucial for sustained success.

Registered in England/Wales under the registration number 02022536, with a registered address at SW10 0RJ, 118 Lots Road, London.

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