Summerill & Bishop Limited

Summerill & Bishop Ltd, a London-based family business, has been a fixture in the UK market for 31 years. Active and boasting 16 employees, the company holds £851,153 in assets and operates from a real address in Portland Road. With three directors and two owners, Summerill & Bishop Ltd runs an e-commerce site specializing in the import and export of glass and glassware—a consistent trade for 69 months of imports and 76 months of exports.

The company’s website, Summerill Bishop, is a beautifully curated online store showcasing a wide range of tableware, homeware, and artisanal goods. It's clear they're focused on high-end aesthetics, collaborating with brands like John Derian and Astier de Villatte, and offering everything from bespoke linens to handblown glass drinkware. The site emphasizes a luxurious experience, with sections dedicated to gift ideas and styling tips.

Financially, Summerill & Bishop Ltd presents a mixed picture. While current assets increased by 15% to £850,000, equity took a significant hit, decreasing by 15% to -£620,000. Bank borrowings remained stable at £470,000, and cash reserves saw a healthy increase of 59% to £350,000. Trade debtors rose considerably by 51%, suggesting a possible shift in payment terms or increased sales volume. Creditors, however, decreased by 25%, indicating improved debt management. The company meets the criteria for a small business, with turnover under £10.2m and assets under £5.1m. As a small company, it's exempt from an audit, so the figures are unaudited.

The trends suggest Summerill & Bishop Ltd is navigating a period of change. While the business appears to be generating more revenue, the decline in equity raises questions about profitability and long-term sustainability. The strong cash position, however, provides a buffer and allows for continued investment in its curated online store and collaborations.

Registered in England/Wales under the registration number 02891938, with a registered address at W11 4LQ, England, London, 100 Portland Road.

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