Smd (holdings) Limited

Smd Holdings Ltd, based in Fulwood, Preston, UK, is a holding company with an active status, established twenty-two years ago in November 2002. Employing just three people, the company holds assets totaling £706,558. It operates from a real address and is overseen by three directors and one owner, with a Google rating of 3.0 based on four reviews. The company regularly imports and exports man-made filaments and related materials, with 1043 months of import activity and 525 months of export activity recorded.

The company's website, while not extensively detailed, suggests a focus on wholesale textile industries. It’s an e-commerce site, which is good, but the lack of detailed product information makes it difficult to assess the scale of its online presence. The company owns several subsidiaries, including Iliv Limited, S M D Textiles Limited, Smd (contracts) Limited, and Asia Home Furnishings Limited. It was previously known as Truegain Limited.

Financially, Smd Holdings Ltd shows some concerning trends. While revenue remained steady at £470,000, net assets decreased by 14%, settling at £2.3 million. Cash reserves declined by 7%, falling to £670,000. Bank overdrafts remained at zero, which is good. However, accrued liabilities increased by 31%, reaching £340,000, and trade debtors decreased significantly, dropping by 60% to £38,000. The company’s average number of employees increased by 33%, rising to four, which might indicate expanding operations. The company’s auditor is Hurst Accountants Limited.

The company’s reliance on imports and exports, coupled with the fluctuating financial figures, suggests a business navigating a competitive market. The increase in liabilities and decrease in debtors could be a sign of tighter credit terms or delayed payments, but it’s difficult to say for sure. The company's continued operation and ownership of several subsidiaries indicates a degree of stability, but the financial data warrants closer monitoring.

Registered in England/Wales under the registration number 04594575, with a registered address at PR2 9ZD, Fulwood Preston, Lancashire, Unit F2 Pittman Way, Preston North Employment Ind Est.

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