Hainenko Limited

Hainenko Limited is a holding company with an active status, established 52 years ago in 1973. Based in London, the company boasts a real address and currently employs 22 people, managing assets totaling £8,877,419. It’s overseen by four directors and has one owner, Yao Changyin, who’s list of ownership changed five months ago. The company maintains a stellar 5.0 Google rating based on two reviews. It’s a regular importer and exporter, specializing in miscellaneous manufactured goods, with 565 months of import activity and 338 months of export activity recorded.

The company’s website reveals a broader scope than initially apparent. Hainenko Limited designs, manufactures, and supplies stationery worldwide, with a particular focus on writing instruments. It operates two divisions: Commercial and Educational Stationery, and is now the second largest supplier in volume in the UK. The company is also a leading manufacturer of private label stationery lines and offers promotional gifts through partnerships with Italian companies. It even has a division that deals with high-end piano restoration.

Financially, Hainenko Limited appears to be experiencing some shifts. While current assets increased by 10% to £8,900,000, bank borrowings surged by 370% to £220,000. Creditors also increased by 54% to £3,200,000. Despite these changes, the company’s net assets grew by 10% to £5,800,000. Staff costs increased by 27% to £1,000,000, suggesting investment in personnel. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in borrowing raises questions. The company’s financial statements were audited by Charterhouse (Audit) Limited.

In summary, Hainenko Limited is a well-established business with a diversified portfolio, though the recent financial changes warrant close monitoring. Its long history and reputation for quality suggest resilience, but the company will need to manage its debts carefully to maintain its position in the stationery market.

Registered in England/Wales under the registration number 01096654, with a registered address at N14 6HF, 284 Chase Road, London.

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