Sydney Heath & Son Ltd.

Sydney Heath & Son Ltd from Stoke-On-Trent, UK, is a small, active family business established 33 years ago. Employing 24 people, the company holds £678,500 in assets and operates from a real address. With three directors and two owners, it’s a well-established operation. The company regularly imports and exports rubber and rubber products, with 55 months of import activity and 181 months of export activity recorded.

The company's website, technicalfoamconversion.co.uk, showcases a focus on converting technical foam. It's not a typical e-commerce site; instead, it serves as an information hub for potential clients. The site details materials, specialist markets, and technical specifications, offering a glossary of terms and even a sample request form. It's clear that Sydney Heath & Son Ltd operates as a business-to-business supplier, offering custom foam conversion services rather than direct retail. The site also highlights a COVID-19 update, suggesting a period of adaptation to changing circumstances.

Financially, Sydney Heath & Son Ltd’s recent report reveals some interesting trends. Current assets decreased by 11%, dropping to £680,000, while net assets also fell, reaching £480,000. Bank borrowings increased by 1.2% to £41,000, and cash reserves saw a significant jump, rising 1200% to £230,000. Creditors decreased by 23%, suggesting improved management of short-term liabilities. The company’s small size (meeting two of three conditions for small company status) allows for flexibility, but the decrease in net assets warrants further investigation. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Sydney Heath & Son Ltd appears to be a stable, albeit slightly shrinking, business. Its focus on specialized foam conversion and its long history suggest a degree of expertise and resilience. The increased cash reserves are a positive sign, but the decrease in net assets should be monitored closely.

Registered in England/Wales under the registration number 02696136, with a registered address at ST6 1BY, England, Stoke-On-Trent, Staffordshire, Bycars Road, Burslem.

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