Townsend & Sons Limited

Townsend & Sons Limited, based in London, UK, is a small, active company founded five years ago. With just six employees and £168,757 in assets, it operates from a virtual address, a detail flagged by the presence of 197 other companies registered at the same location. The business is a family affair, managed by three directors and two owners, and enjoys a stellar 5.0 Google rating based on 26 reviews. Regular importer of leather goods, travel bags, and animal harnesses (102 months imported).

The company’s primary focus is retail sale via stalls and markets of other goods, a service refined over nearly a century. HC Townsend Son, as it’s known, has been serving Harrogate, Wetherby, and surrounding areas since 1927, evolving from a joinery business into a respected family-run funeral director. The website highlights a commitment to dignified funeral services, offering a range of options and even working with prepaid funeral plans. David Townsend, available 24/7, guides families through arrangements, ensuring a personalized and supportive experience. The company even has a showroom in Harrods, London.

Financially, Townsend & Sons Limited shows some concerning trends. Cash bank on hand increased by a significant 110%, reaching £59,000, which is good. However, net assets liabilities decreased by 1.8% to £130,000. Trade debtors decreased by 33%, and total inventories decreased by 21%. Borrowings increased by 84%, reaching £19,000, suggesting a need for increased funding. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in borrowing raises questions about its long-term financial health. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Townsend & Sons Limited appears to be a well-regarded local business with a strong reputation for service. However, the recent financial data suggests a need for careful management to ensure its continued success.

Registered in England/Wales under the registration number 12106759, with a registered address at N13 5RY, United Kingdom, London, 590 Green Lanes.

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