Admin Hub Ltd
- Small
- Active
- 5 years
- 22 employees
- £112,723 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
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
Summary
Admin Hub Ltd, a small, active company based in Wakefield, UK, has been operating for five years. Founded in 2019, it employs 22 people and holds £112,723 in assets. It's a family business with two directors and two owners, operating from a real address. The company regularly imports textile products, sets, used clothing, and rags (three months of import activity) and exports glass and glassware (also three months).
The company's website is currently suspended, indicating a temporary pause in online operations. This could be for maintenance, a strategic decision, or perhaps a technical issue. It’s difficult to tell.
Financially, Admin Hub Ltd presents a mixed picture. While net assets remained relatively stable at £31,000, cash reserves took a hit, dropping 5% to £110,000. Bank borrowings increased slightly, up 2.5% to £10,000. Creditors decreased by a significant 35%, suggesting improved debt management. Trade debtors, however, experienced a dramatic drop, plummeting 99% to just £140. This could be a positive sign of quicker payments or a change in credit policies, but it’s worth noting. The company meets two of the three criteria to be considered small – turnover under £10.2 million and assets under £5.1 million. There's no mention of an auditor, likely due to its small size and exemption from an audit. The financial statements are unaudited, so the figures rely on the directors’ reporting.
Overall, Admin Hub Ltd appears to be navigating some financial pressures, but its strong asset base and improved creditor management offer a degree of stability. It’s a small business with a family feel, but its future depends on maintaining its import and export activities and managing its cash flow effectively.
Registered in England/Wales under the registration number 12326375, with a registered address at WF2 7AL, United Kingdom, Wakefield, Unit D, Monckton Road Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 10
- 25%+
-
Resident of United Kingdom
-
Individual
- 5 years
- 10
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
- 3
-
Resident of United Kingdom
-
Individual
- 5 years
- 13
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Confirmation statement made on 2024-11-20 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-11-30Download 8 pages pdf report
-
Confirmation statement made on 2023-11-20 with no updatesDownload 3 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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Similar exporters
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FAQ about Admin Hub Ltd
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