H Engineering Limited

H Engineering Limited is a small, family-run company based in Horsmonden, Kent, UK, with an active trading status. Founded seven years ago in 2018, it employs six people and holds £726,784 in assets. The company operates from a real address and is led by one director and two owners. It’s a regular importer, with its top category being vehicles, parts, and accessories, with recent activity recorded in December 2024.

The company’s primary focus is classic car restoration, offering services from full makeovers to MOTs. Its website highlights expertise in restoring iconic vehicles, with a focus on museum-grade restoration and even integration of self-play systems. It also operates a piano division, specializing in high-end restoration and disaster recovery—a surprising diversification from its core automotive focus.

Financially, H Engineering Limited presents a mixed picture. Accumulated depreciation has increased, particularly in plant and machinery, suggesting ongoing investment in its workshop facilities. Bank borrowings and overdrafts have significantly risen, more than doubling to £190,000 and £250,000 respectively, which could indicate expansion or increased working capital needs. However, cash reserves have dramatically decreased, falling to just £200—a worrying trend. Creditors have also risen considerably, though trade debtors have fallen, suggesting a potential cash flow challenge. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increasing debt levels warrant close monitoring. As a small company, it’s exempt from an audit, so the financial data relies on unaudited reports.

Registered in England/Wales under the registration number 11203011, with a registered address at PE38 0QQ, United Kingdom, Downham Market, Norfolk, First Floor 12 St John's Way, St John's Business Estate.

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