Perivale Hardware Ltd

Perivale Hardware Ltd, based in London, UK, is a small, active company established nine years ago in 2016. Employing eight people and holding assets of £1,347,557, it operates from a real address and is managed by two directors and one owner. The company is an irregular importer, primarily dealing in essential oils and perfumes, with the latest import activity recorded just one month ago in July 2024.

The business’s website is currently unavailable, making it difficult to ascertain the full scope of its operations. However, company filings indicate Perivale Hardware Ltd operates in the retail sale of hardware, paints, and glass in specialised stores. This suggests a potential blend of wholesale and retail activities, possibly supplying independent stores or catering to specific trade customers.

Financially, Perivale Hardware Ltd presents a mixed picture. While current assets remained relatively stable at £1.3 million, several key metrics have shifted. Bank borrowings decreased by 32%, a positive sign, and cash reserves increased by 33% to £46,000. However, net losses deepened considerably, and trade debtors rose by 62%, suggesting potential challenges in collecting payments. Creditors also decreased, which could indicate improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in losses warrants attention.

The company’s retained earnings increased by 26%, which is a positive sign. It’s worth noting that the company operates a defined contribution scheme for its employees, and the accounts have been prepared in accordance with the provisions of FRS 102 Section 1A - Small Entities. As a small company, Perivale Hardware Ltd is exempt from an audit, and the figures are based on unaudited director-reported data.

Registered in England/Wales under the registration number 10147712, with a registered address at W13 9AU, United Kingdom, London, 151 - 153 Uxbridge Road.

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