Haco Group-co Ltd

Haco Group-co Ltd is a small, active company based in London, UK, founded four years ago in 2020. It employs ten people and holds £222,009 in assets. The company is run by a solo founder, one director, and one owner (though the owner list might not be exhaustive). It’s an irregular importer, primarily dealing in basic metal tools and utensils, with its last import activity occurring in October 2024.

The company’s website, hacocustommade.com, paints a picture of a B2B specialist in custom-made food solutions. It operates through several divisions: HACO CustomMade Snacks, Culinary Art, Spices, Coffee, and Taste. These divisions encompass a wide range of activities, from manufacturing snacks and culinary products (bouillons, sauces, mayonnaise) to sourcing spices and developing coffee blends. The site highlights technological expertise in extraction, drying, mixing, and liquid processing, and emphasizes innovation, quality, and sustainability. It's a complex operation, with multiple companies operating across Europe and Asia.

Financially, Haco Group-co Ltd presents a mixed picture. While cash reserves increased by 57% to £120,000, net assets have dramatically improved, jumping from a negative £56,000 to a positive £18,000. However, bank borrowings have decreased by 26%, and creditors have also fallen by 26%. The company's average number of employees has increased by 40% to fourteen, suggesting growth, but also potentially increased operational costs. Trade debtors have also increased by 43%, which could indicate a delay in payments. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for small companies.

Overall, Haco Group-co Ltd seems to be navigating a period of change. The improved equity position is a positive sign, but the increase in debtors and the lack of a formal audit warrant closer attention. The company’s diverse range of services and its focus on custom solutions position it well in the B2B food manufacturing sector, but its financial health will need to be carefully monitored going forward.

Registered in England/Wales under the registration number 12947993, with a registered address at EC2A 4QP, England, London, Ground Floor 3, Ravey Street.

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