Hallson Limited

Hallson Ltd from Loughborough UK: a small, family business, is active and has been around for 30 years. With 14 employees and £1,570,059 in assets, it operates from a virtual address – fifty-three companies registered at the same location – and is led by three directors and two owners. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import operation occurring over two years ago in July 2022.

Hallson Ltd specializes in designing and manufacturing low voltage switchgear since 1995. The company serves transformer manufacturers, government organizations, and contractors both domestically and overseas. Its website highlights a focus on providing cost-effective solutions without compromising quality, with a particular emphasis on custom-designed equipment. The company also has a showroom in Harrods, London.

Financially, Hallson Ltd shows some interesting trends. Cash reserves have grown significantly, increasing by 53% to £890,000, and current assets are up 20% to £1,600,000. However, accumulated depreciation has also increased by 43%, suggesting increased investment in plant and machinery. Debtors have decreased by 14%, which could indicate improved collection practices, but also potentially reduced sales. The company's net assets have grown by 33% to £1,100,000. The increase in bank borrowings by 2,400% and a decrease in future minimum lease payments could be a sign of investment or restructuring. The company is small, meeting two of three conditions for classification, and is likely exempt from an audit. It’s worth noting that the company’s management has elected not to deliver a profit and loss account under Section A of the Companies Act.

Registered in England/Wales under the registration number 03039850, with a registered address at LE11 5RF, Loughborough, Leicestershire, 4 Bank Court, Weldon Road.

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