H F Electrical Limited

Electrical Hf Ltd is a holding company with an active status, established 44 years ago in 1980. Based in Glasgow, it employs 327 people and holds assets valued at £9,108,538. With seven directors and one owner, the company maintains a Google rating of 4.0 based on 33 reviews and operates from a real address shared by only three other companies. It’s an irregular importer, with its top import category being Electrical machinery and equipment, totaling 1 months of imports. The last import operation was conducted on November 01, 2024.

The company’s website highlights its diverse range of services, including electrical, mechanical, fire security, telecommunications, and control services. It operates across multiple sectors and boasts a “HF Group” of companies, including Hf Fire & Security Ltd and Hf Mechanical & Electrical Ltd. The website emphasizes in-house capabilities, senior-level management, and a team of consultants with extensive skills. It also features case studies, news updates, and career opportunities. The company’s family culture is a core value, with a focus on employee training and development.

Financially, Electrical Hf Ltd shows some concerning trends. Accrued liabilities decreased by 33%, while investments in group undertakings remained steady. Cash bank on hand fell by 14%, and net assets liabilities increased by 1.5%. Trade debtors significantly decreased by 28%, which could indicate better collection practices, but also potentially reduced sales. Property plant and equipment also saw a decrease of 6.5%. The company’s net losses decreased, but the decrease in cash reserves is something to keep an eye on. With no auditor mentioned, the financial data relies on unaudited statements.

Overall, Electrical Hf Ltd appears to be a well-established holding company with a broad service offering. However, the decline in cash reserves and the decrease in property plant and equipment warrants further investigation. The company’s long history and experienced management team suggest a resilience, but the financial data indicates a need to monitor its financial health closely.

Registered in Scotland under the registration number SC073414, with a registered address at G41 2SJ, 100 Albert Drive, Glasgow.

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