7 Hopes Ltd

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.