Sichern Hardware Limited

Sichern Hardware Ltd from Bilston, UK, is a small holding company with an active status, established five years ago. Employing nine people, the company holds assets valued at £1,194,914 and operates from a real address. With one director and two owners, it boasts a stellar 5.0 Google rating based on five reviews, and regularly imports miscellaneous metal items—the latest operation occurring in October 2024.

The company's website showcases a vast range of products, from building and DIY essentials to cabinet joinery and security items. It’s primarily an online retailer, offering a comprehensive catalogue of hardware, tools, and accessories. While there’s no explicit mention of e-commerce functionality, the sheer volume of product listings and categorization strongly suggests an online sales model. There isn't an obvious "add to cart" button, but the website is well-organized and easy to navigate.

Financially, Sichern Hardware Ltd presents a mixed picture. Current assets have declined by a significant 31% to £1,200,000, while net assets have fallen 230% to -£720,000. Cash reserves have also decreased, though the precise amount isn't specified. Trade debtors have seen a substantial drop of 45%, indicating improved collection practices. Despite these challenges, the company's small size (meeting two of three criteria for a small company) allows for flexibility. The lack of an auditor mentioned suggests it's exempt from an audit as a small company.

The company's recent changes in both the director and owner lists, made five months ago, could signal restructuring or new investment. While the decline in assets is concerning, the improved debt management and ongoing import activity suggest the company is striving to maintain operations. It's clear that Sichern Hardware Ltd is navigating a period of change, and its ability to adapt will be crucial for its future success.

Registered in England/Wales under the registration number 12484009, with a registered address at WV14 0LA, England, Bilston, Nautilus Designs Ltd, Dudley Street.

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