Smith's Of Loughton Limited

Smith's Of Loughton Limited, based in Loughton, UK, is a small, active family business established 22 years ago. The company employs just two people and holds £164,170 in assets, operating from a virtual address shared by 51 other companies. It has three directors and two owners, and boasts a stellar 5.0 Google rating based on 18 reviews. Smith’s specializes in the retail sale of hardware, paints, and glass, operating both an online store and a large, 4,000 square foot physical shop. It’s an irregular importer, with its last import of aluminum and aluminum products occurring over two years ago.

The company’s website, Smiths of Loughton, highlights a wide selection of cookware, kitchen accessories, and tableware, catering to both in-store and online shoppers. It features brands like Elia, Staub, and Zwilling J.A. Henckels, offering free UK delivery on orders over £50. The site emphasizes quality, competitive pricing, and friendly customer service, with a history of trading since 1994. It’s clear that Smith’s aims to provide a comprehensive kitchenware experience for every occasion.

Financially, Smith’s Of Loughton Limited presents a mixed picture. While cash bank increased by 11% to £79,000, current assets remained relatively stable at £160,000. However, net assets declined significantly by 88% to -£22,000, and net current assets liabilities increased by 55% to -£26,000. Trade debtors disappeared entirely, while creditors increased by 7% to £190,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity raises concerns. As a small company, it is exempt from an audit, and the financial statements are unaudited. The company’s reliance on retained earnings and accumulated losses is apparent.

Registered in England/Wales under the registration number 04686788, with a registered address at IG10 1DX, Loughton, Essex, Abacus House 14-18, Forest Road.

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