Watson & Hillhouse Limited
- Large
- Active
- 52 years
- 31 employees
- £5,601,831 (assets)
- £13,052,890 (revenue)
- Real address
- 5 directors
- 1 owner
- Regular importer
- Regular exporter
- Rating 4.0 (9)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Phones
Summary
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.
Owners & PSC
-
Individual
- 4 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
- 2
-
Resident of United Kingdom
-
Individual
- 4 years
- 1
-
Resident of United Kingdom
-
Individual
- 4 years
-
Resident of United Kingdom
-
Individual
- 25 years
-
Resident of United Kingdom
-
Individual
- 26 years
- 14
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Full accounts made up to 2024-11-30Download 35 pages pdf report
-
Confirmation statement made on 2024-07-31 with updatesDownload 5 pages pdf report
-
Full accounts made up to 2023-11-30Download 33 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Watson & Hillhouse Limited
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