Platt And Hill Limited

Platt And Hill Ltd from Oldham UK: a small, active company with a remarkable 126-year history, employs 81 people, and holds assets valued at £3,392,722. With six directors and two owners, it’s a well-established family business. The company regularly imports various textile products, sets, used clothing, and rags, with 37 months of import activity recorded, the last operation made on February 01, 2025.

The company's website, plathill.co.uk, reveals a business deeply rooted in textile processing. Founded in 1889, Platt Hill specializes in recycling fibres for the fillings industry, a legacy stretching back over a century. Today, it’s a leading supplier of foam and fibre fillings, offering a wide range of products including high-quality thermal bonded polyester waddings, latex and polyurethane foam conversion, and contract pillows. The website highlights a commitment to innovation and quality, serving a diverse range of clients across the UK, Europe, and beyond. It's a family-run operation, with Andrew Hill, John Platt, and Nicholas Hill currently managing the business.

Financially, Platt And Hill Ltd shows some interesting trends. While current assets increased by 9.2% to £3,400,000, net assets grew by a more substantial 21% to £980,000. Bank borrowings decreased significantly, dropping 81% to just £11,000, and cash reserves surged 140% to £170,000. Creditors decreased by 23%, suggesting improved debt management. However, other debtors decreased by 24%, which could be a cause for concern. The company's small size (meeting two of three conditions for being small) helps it remain agile, but the increased other creditors of 18% warrants further investigation. The unaudited financial statements, prepared with CCH software, don’t mention an auditor, which is common for small companies.

Registered in England/Wales under the registration number 00060275, with a registered address at OL8 2LZ, Oldham, Belgrave Mill No 4, Fitton Hill Road.

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