T.h.baker & Co.(established 1888)limited

T.h.baker & Co.(established 1888)limited, based in Dudley, UK, is a long-standing retail business with a history stretching back to 1888. Incorporated seventy-three years ago, in 1952, the company currently employs 132 people and holds assets of £14,055,333. It operates as a holding company, actively trading, and is overseen by eight directors and two owners. The company regularly imports jewelry, precious stones, and metals, with nineteen months of import activity recorded, the last in January 2025. Its registered address, while real, is also shared by seventy-eight other companies, suggesting a virtual address.

The company's core business involves the retail sale of watches and jewelry in specialized stores, as well as online and mail-order sales. The website, while not directly linked to the report, implies a focus on traditional retail channels. It’s a business that’s been around for a while, and it's clear they're sticking to their roots.

Financially, T.h.baker & Co. shows some concerning trends. Accrued liabilities and deferred income increased by 35%, while administrative expenses rose by 16%. However, cash bank on hand increased by 13%, and comprehensive income expense increased by 43%. Bank borrowings surged by 300%, reaching £330,000, and deferred tax expense credit decreased by 100%. Net assets increased by 10%, suggesting a positive shift in overall financial health. The company's size (meeting two of three criteria for a large company) and the lack of an auditor mentioned (likely exempt) mean the figures are unaudited.

The increase in administrative expenses, coupled with the rise in bank borrowings, could indicate investments in the business or challenges in managing costs. The increase in cash, however, suggests improved liquidity. It’s a business with a long history, but it’s clear they’re navigating a changing retail landscape.

Registered in England/Wales under the registration number 00506598, with a registered address at DY2 8RG, England, Dudley, West Midlands, Churchfield House, 36 Vicar Street.

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