T Smith & Sons Limited

T Smith & Sons Limited, based in Leics, UK, is a small, active family business founded eighteen years ago. With six employees and £227,905 in assets, the company operates from a real address and is overseen by five directors and two owners. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances – parts, with its last import operation occurring one months ago. The company’s core activities involve raising dairy cattle, mixed farming, and producing liquid milk and cream.

The company’s website highlights a legacy of construction excellence, built on family values. Founded in 1985, Smith Sons Construction has evolved from a small operation to a respected builder serving East London, Havering, and Essex. The website details a focus on residential and commercial projects, including loft conversions, extensions, and fit-outs. It even mentions a successful nomination for a Londonwide LABC Building Excellence Award. The business has been modernized by the second generation, Isaac MaynardSmith, streamlining operations and enhancing the brand’s accessibility.

Financially, T Smith & Sons Limited presents a mixed picture. While current assets have decreased by 33%, dropping to £230,000, bank borrowings have surged by a staggering 210%, reaching £330,000. Equity has also taken a hit, declining 68% to £61,000. Despite these challenges, creditors have decreased by 18%, suggesting some improvement in debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited financial statements, which don’t mention an auditor, indicate a business facing pressures, but still operating within its established niche. The company’s reliance on family ownership and a reputation for quality may help it navigate these difficulties.

Registered in England/Wales under the registration number 05974384, with a registered address at LE10 1AP, United Kingdom, Leics, 25 Station Road, Hinckley.

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