Simon Developments Limited

Simon Developments Limited, based in Wolverhampton, UK, is a small, active company founded 36 years ago in 1988. Employing nine people and holding assets of £2,620,660, it’s a long-standing business with a real address and three directors overseeing operations. The company is owned by Hill Deborah Wendy, a solo founder. It’s a regular importer, specializing in salt, sulphur, earths, stone, plaster, lime, and cement, with import activity spanning nine months, the latest recorded in 2021.

The company's website reveals a broader scope of activity than initially apparent. While the site doesn't offer direct e-commerce, it showcases a range of services, including project management, sponsorship, and public relations. It highlights key personnel like Paul Hodgkinson CBE and emphasizes a commitment to delivering results. The website also details past projects, including developments in Newark and sponsorship initiatives in Nottingham. It’s clear that Simon Developments Limited is involved in a variety of business activities, not just importing materials.

Financially, Simon Developments Limited presents a mixed picture. Current assets have decreased by 6.6% to £2,600,000, while net assets have increased by 1.7% to £6,200,000. Cash reserves have seen a significant boost, rising 55% to £810,000. However, trade debtors have fallen by 22%, suggesting slower customer payments. Creditors have also decreased by 20%, which is a positive sign. 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 flexibility, but the decrease in debtors could indicate some financial pressure. The accounts are unaudited, which is typical for small companies.

Overall, Simon Developments Limited appears to be a stable, albeit modestly sized, business. Its diverse range of activities and growing cash reserves suggest a company with potential, but the decrease in debtors warrants further monitoring.

Registered in England/Wales under the registration number 02289688, with a registered address at WV8 2HJ, England, Wolverhampton, Codsall And Wergs Garden Centre Wergs Hall Road, Wergs.

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