7 Hopes Ltd
- Small
- Active
- 7 years
- 3 employees
- £128,853 (assets)
- Virtual address
- 4 directors
- 2 owners
- Irregular importer
- Family business
- Rating 5.0 (5)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
7 Hopes Ltd, based in London, UK, is a small, active company founded six years ago in 2018. Employing just three people and holding £128,853 in assets, it operates from a virtual address shared by over six thousand other businesses, a bit unusual, really. The company is led by four directors and owned by Elsawaf Hazem and Elsawaf Wessam, and it’s described as a family business with a stellar 5.0 Google rating based on five reviews. 7 Hopes Ltd specializes in importing machinery, boilers, and mechanical appliances, with recent activity recorded just one month ago.
The company's website, though minimal, indicates a focus on head office activities, management consultancy, specialized design, and business support services. It’s not clear if it’s an e-commerce operation, but the site does highlight its range of services.
Financially, 7 Hopes Ltd’s numbers paint a mixed picture. Current assets have decreased by 28%, dropping to £130,000, while net assets have plummeted 150%, resulting in a significant liability of £41,000. Bank borrowings have also decreased by 52%, down to £9,600, and cash reserves have fallen by 26%, leaving £120,000. Creditors, however, have decreased by 52%, suggesting improved debt management. The company’s small size (meeting two of three conditions for being small) allows for flexibility, but the drop in equity is a cause for concern. As a small company, it is exempt from an audit, so the figures are unaudited.
Overall, 7 Hopes Ltd appears to be facing some financial headwinds, although it maintains a positive online reputation. The company’s future likely depends on its ability to stabilize its finances and capitalize on its diverse range of services.
Registered in England/Wales under the registration number 11403027, with a registered address at WC2H 9JQ, United Kingdom, London, Greater London, 71-75 Shelton Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 7 years
- 25%+
-
Resident of Egypt
-
Individual
- 7 years
- 25%+
-
Resident of Egypt
Managers
-
Individual
- 7 years
-
Resident of Egypt
-
Individual
- 7 years
-
Resident of Egypt
-
Individual
- 7 years
-
Resident of United Kingdom
-
Individual
- 7 years
Last reports
The latest confirmation statement submitted six months ago.
Last news
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Total exemption full accounts made up to 2024-06-30Download 8 pages pdf report
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Confirmation statement made on 2024-12-04 with updatesDownload 4 pages pdf report
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Micro company accounts made up to 2023-06-30Download 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about 7 Hopes Ltd
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