Halco Products Ltd
- Small
- Holding
- Active
- 22 years
- 10 employees
- £5,797,430 (assets)
- Virtual address
- 4 directors
- 1 owner
- Regular importer
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
Social media
Summary
Halco Products Ltd, based in Exeter, UK, is a small holding company with an active status, having been founded 22 years ago in 2002. The company employs ten people and holds assets totaling £5,797,430. While it has a registered address, it's likely a virtual address, as 216 companies share the same location. Four directors manage the business, alongside one owner. Halco Products is a regular importer of electrical machinery and equipment, with 156 months of import activity recorded, the latest in December 2024.
The company’s website, Halco Products, primarily focuses on the vaping industry. It's home to OK Vape, described as one of the UK’s leading vaping brands and a supplier of cigalikes. The site also highlights the creation of OK Cigalike, a popular cigalike vape kit, and offers a range of related products, including e-liquids and accessories. The website even includes a section dedicated to stocking products for other businesses, suggesting a wholesale operation. A link to Vape Products Limited, Ok Cbd Limited, and Ok Vape Limited is also present.
Financially, Halco Products Ltd presents a mixed picture. Cash reserves have increased significantly by 170%, reaching £3,200,000, while total assets have increased by 33%, reaching £5,800,000. However, trade creditors have decreased by 51%, suggesting a reduction in outstanding payments. Bank borrowings have increased by 2,400%, reaching £29,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The lack of an auditor is typical for a small company, and the figures rely on unaudited statements.
The significant increase in bank borrowings and the decrease in trade debtors suggest the company may be burning through cash to fuel growth, or perhaps experiencing some payment delays. The increase in assets, however, points to a positive trend in overall value.
Registered in England/Wales under the registration number 04566926, with a registered address at EX2 7XE, United Kingdom, Exeter, Centenary House Peninsula Park, Rydon Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 4 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 6 months
-
Resident of United Kingdom
-
Individual
- 5 years
-
Resident of United Kingdom
-
Individual
- 20 years
- 4
-
Resident of United Kingdom
-
Individual
- 21 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Appointment of Mrs Clare Nickson as a director on 2024-12-09Download 2 pages pdf report
-
Secretary's details changed for Ms Clare Shobbrook on 2024-05-11Download 1 page pdf report
-
Confirmation statement made on 2024-10-17 with no updatesDownload 3 pages pdf report
Halco Products Ltd controls
Owns & Controls
-
Corporate
- 7 years
- 75%+
-
Resident of United Kingdom
-
Corporate
- 7 years
- 75%+
-
Resident of United Kingdom
-
Corporate
- 7 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Last imported products
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FAQ about Halco Products Ltd
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