Snowhill Ltd

Snowhill Ltd from Brighton UK: a small, family business active for 29 years, employs 16 people, and holds £2,797,704 in assets. Operating from a virtual address—with 29 other companies registered at the same location—it’s led by two directors and two owners. The company regularly imports footwear and related items, with 107 months of import activity recorded.

Snowhill Trade Saddlery’s website reveals a comprehensive online store specializing in equestrian supplies. While the site is currently displaying an error message indicating Javascript is disabled, the extensive product range—from clothing and cooler fleece to electric fencing and dog coats—suggests a well-established retail operation. The site’s layout is a bit dated, and the error message is a bit of an annoyance, but it does showcase a vast selection of products catering to horse owners and enthusiasts.

Financially, Snowhill Ltd presents a mixed picture. Current assets have decreased by 8.3% to £2,800,000, while net assets have fallen 6.1% to £4,600,000. Cash reserves, however, have increased by a substantial 29% to £700,000, a positive sign. Trade debtors have surged by 51%, which could indicate increased sales but also potential challenges in collecting payments. Creditors have also risen, by 22%, suggesting the company is utilizing credit to fund its operations. The company’s small size—meeting two of three conditions for being classified as small—helps it remain nimble, but the decrease in net assets warrants further investigation. The company’s accounts are unaudited, likely due to its small size, and no auditor is mentioned. The increase in bank borrowings is a little concerning, but the rise in cash reserves provides some reassurance.

Registered in England/Wales under the registration number 03161859, with a registered address at PO208RL, England, Chichester, West Sussex, Units G1-G3, Hilton Park.

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