Throstle Nest Saddlery Limited

Throstle Nest Saddlery Ltd from Barnsley UK: a small, active company founded 20 years ago, employs 10 people, and holds £794,362 in assets. It’s a family business with three directors and two owners, boasting a stellar 5.0 Google rating from 86 reviews. The company regularly imports clothing and accessories, not knitted or crocheted, with 7 months of import activity recorded.

The business operates in the manufacture of luggage, handbags, saddlery, and harness, and has a real registered address. Its website doesn't offer much detail, but it seems to focus on its core business—crafting and selling equestrian equipment. There’s no clear indication of an e-commerce presence, suggesting a business model relying on wholesale or direct sales.

Financially, Throstle Nest Saddlery Ltd presents a mixed picture. Current assets decreased by 11% to £790,000, while net assets fell 7.7% to £230,000. Bank borrowings decreased by 28% to £44,000, and cash reserves increased by 35% to £78,000. Creditors decreased by 38%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in the number of employees reported during the period (20%) could be due to seasonal demand or expansion of operations.

The company’s financial statements are unaudited, as it is exempt from audit as a small company. While the decrease in current assets and net assets is a cause for concern, the increase in cash reserves and decrease in creditors suggest the company is managing its finances effectively. The business’s strong Google rating and family-run nature point to a loyal customer base and a commitment to quality.

Registered in England/Wales under the registration number 05179643, with a registered address at S75 4QX, Barnsley, South Yorkshire, Throstle Nest, Silkstone Common.

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