W.e. Hewitt & Son Limited

W.E. Hewitt & Son Limited, based in Cosby, Leicester, is a holding company with a solid 39-year history. Employing 64 people and boasting assets of £16,542,927, the company operates from a real address and is overseen by four directors and a single owner. It maintains a stellar 5.0 Google rating from 14 reviews. The company regularly imports carpets and textile floor coverings (13 months of import activity, latest in January 2025) and exports electrical machinery and equipment (3 months of export activity, latest in December 2024).

The company’s website doesn’t offer much insight into their day-to-day operations, suggesting a business-to-business model rather than direct consumer sales. It’s likely they supply materials or components to other manufacturers or distributors, rather than selling directly to the public.

Financially, W.E. Hewitt & Son Limited presents a mixed picture. While current assets remained relatively stable at £17,000,000, net assets increased by a significant 23% to £16,000,000. However, bank borrowings increased by 15% to £100,000, and cash reserves decreased by 10% to £500,000. Creditors also decreased by 5% to £10,000, suggesting improved debt management. The company’s staff costs decreased by 2% to £4,100,000. The increase in net assets could be attributed to increased profitability or revaluation of assets. The decrease in cash reserves, however, may indicate increased investment in the business or higher operating expenses. The company's auditor is Newby Castleman LLP.

Overall, W.E. Hewitt & Son Limited appears to be a financially stable holding company, but the slight decrease in cash reserves warrants monitoring. The company’s long history and strong Google rating suggest a reputable business with a loyal customer base.

Registered in England/Wales under the registration number 01925348, with a registered address at LE9 1SJ, Leicester, 45 Cambridge Road, Cosby.

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