Widdop Bingham & Co. Limited

Widdop Bingham & Co. Ltd, a well-established company based in Chadderton, UK, is a large holding company with an active status, celebrating 104 years since its founding in 1920. Employing 127 people, the company boasts substantial assets of £17,919,870 and generates an annual revenue of £23,147,977. With five directors and one owner, the company maintains a respectable Google rating of 4.0 based on 34 reviews. It’s a real address, and the company regularly imports and exports ceramic products, having done so for 49 months and 28 months respectively.

The company operates as a wholesale supplier of gifts, home decor, and related items, catering to retailers across the UK and internationally. Its website showcases a wide range of brands and product categories, including furniture, lighting, figurines, and seasonal decorations. The company also offers bespoke services, such as product design and sourcing, and maintains a network of showrooms and sales representatives.

Financially, Widdop Bingham & Co. Ltd appears to be navigating a complex situation. While cash reserves increased by a significant 120%, bank borrowings also surged by a substantial 2,800%, reaching £280,000. This suggests a need for increased funding, possibly to support growth or manage working capital. Net assets, however, remained stable. Accounts receivable increased by 100%, which could be a positive sign of increased sales, but also indicates a need to manage credit risk. Creditors decreased by 9.5%, which is a good sign of better debt management. The company’s substantial assets and revenue demonstrate its scale and market presence, but the increased borrowings warrant close monitoring. The company is not audited, and the figures rely on unaudited statements.

Registered in England/Wales under the registration number 00171327, with a registered address at OL9 9XE, Chadderton, Oldham, Broadgate, Broadway Business Park.

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