Symonds Of Hereford Limited

Symonds Of Hereford Ltd, hailing from Cheltenham, UK, is a small, active company established thirteen years ago. With eleven employees and £395,016 in assets, it’s a family-run business led by a solo founder and single director. The company operates a thriving e-commerce site and enjoys a stellar 5.0 Google rating from ninety reviews, a testament to its customer service. They regularly import clothing and accessories – not knitted or crocheted – with nineteen months of import activity recorded.

The business specializes in menswear, offering formal wear, casual trousers, jackets, and a wide range of accessories. Their website highlights a commitment to high-quality garments and personalized service, even offering free tailoring. They’re also active in the community, hosting events like Christmas sherry tastings and providing support for local charities. The site even features a video demonstrating how to tie a Windsor knot, showcasing their dedication to customer education.

Financially, Symonds Of Hereford Ltd presents a mixed picture. Current assets increased by 14%, reaching £400,000, while net assets grew by 8.7% to £740,000. Bank borrowings decreased by 11%, suggesting improved cash flow management. However, trade debtors decreased by 9.3%, which might indicate slower customer payments. The company meets the criteria for a small business – turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. As a small company, they are exempt from an audit, and the figures are unaudited.

Despite the positive trends in assets and net assets, the decrease in debtors is something to keep an eye on. Overall, Symonds Of Hereford Ltd appears to be a financially stable and well-regarded business, continuing to serve its loyal customer base with quality menswear and exceptional service.

Registered in England/Wales under the registration number 07653001, with a registered address at GL51 6HF, Cheltenham, Gloucestershire, 261 Hatherley Road.

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