Halo Labs Ltd

Halo Labs Ltd, based in Altrincham, UK, is a small holding company with an active status, established seven years ago in 2017. The company employs just three people and holds £144,821 in assets, operating from a virtual address shared by 1250 other companies. It's led by two directors and has one owner, and currently enjoys a perfect 5.0 Google rating based on a single review. Halo Labs Ltd is an irregular importer, primarily dealing in optical and medical tools and devices, with its last import activity recorded a while ago, in March 2020. The company operates in the manufacture of electronic industrial process control equipment industries.

The company's website, while not providing specific e-commerce details, suggests a focus on high-end piano restoration and sales alongside its PPE and site supplies business. It's a family-run business, with a showroom in Harrods, London, and a focus on museum-grade restorations.

Financially, Halo Labs Ltd presents a mixed picture. Current assets have increased by 23% to £140,000, while net assets have also risen by 18% to £110,000. Bank borrowings have increased by 34%, reaching £130,000. Creditors have also increased by 44%, reaching £36,000. Cash reserves have decreased by 2.1%, reaching £6,300. 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 debt raises some questions. The company is exempt from an audit, so the financial data is unaudited. It's likely that the company is burning through money, but it's also possible that the increase in debt is a result of increased sales.

Registered in England/Wales under the registration number 10975178, with a registered address at WA14 2DT, United Kingdom, Altrincham, Cheshire, 3rd Floor 1 Ashley Road.

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