Watson & Hillhouse Limited

Watson & Hillhouse Ltd from Suffolk, UK, is a large company, active for 52 years, employing 31 people. With £5,601,831 in assets and a yearly revenue of £13,052,890, it’s a significant player in its sector. Five directors and one owner guide the company, which holds a respectable Google rating of 4.0 based on nine reviews. It regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 178 months of import activity and 44 months of export activity.

The company’s website indicates it operates in the specialised construction activities sector, focusing on plant hire. It’s a family-run business with a long history, and it seems to be a well-established operation.

Financially, Watson & Hillhouse Ltd presents a mixed picture. Current assets have decreased by 16%, falling to £5,600,000, while bank borrowings have increased by 32%, reaching £1,000,000. Cash reserves have also declined by 15%, settling at £3,100,000. Creditors have decreased by 27%, which suggests improved debt management. The company meets the criteria for a large company, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The audit firm, Sumer Auditco Limited, conducted the audit.

The decrease in current assets and cash reserves, however, raises questions about the company’s short-term liquidity. It’s possible that increased investment in plant and machinery or delayed customer payments contributed to these trends. The increase in bank borrowings may indicate a strategy to fund expansion or cover operational expenses. Overall, Watson & Hillhouse Ltd appears to be a stable, albeit somewhat challenged, business.

Registered in England/Wales under the registration number 01075189, with a registered address at IP1 5NT, Suffolk, 51 Whitehouse Road, Ipswich.

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