Simon Richard Limited

Simon Richard Ltd, based in Hawick, UK, is a small, family-run business with an active status, having been established 27 years ago. Employing just two people, the company holds assets valued at £1,440,199 and operates from a real address. With two directors and two owners, it’s a tight-knit operation.

The company specializes in ground care machinery and advice, targeting contractors, local authorities, golf courses, and estates. Its website showcases a range of flail mowers from manufacturers like Sauerburger, Muthing, and Reform, highlighting their suitability for steep slopes and various ground care applications. Simon Richard Ltd acts as an importer and distributor, with a long history of importing machinery, boilers, and mechanical appliances—parts, with 118 months of import activity recorded, the latest in February 2025. It also exports these items, with four months of export activity, the last in March 1994.

Financially, Simon Richard Ltd presents a mixed picture. While current assets increased by 7.3% to £1,400,000, net assets grew by a more modest 4.7% to £1,300,000. Bank borrowings surged by 120%, reaching £110,000, and cash reserves increased by 16% to £470,000. Creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The company's property, plant and equipment decreased by 5.4% to £100,000. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s focus on specialized machinery and its strong relationships with manufacturers suggest a niche market strategy. The increase in bank borrowings, however, indicates a possible need for additional capital—perhaps to support expansion or manage working capital needs. It seems they are doing well.

Registered in Scotland under the registration number SC179900, with a registered address at TD9 8RA, Hawick, Roxburghshire, Crown Tailrig, Bonchester Bridge.

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