Hanalytic Limited

Hanalytic Limited is a small, active company based in London, UK, founded eight years ago in 2017. With two employees and £454,814 in assets, it operates from a virtual address shared by thousands of other companies, a bit unusual. The company is led by a single director and owner, Parlak Cemal, who also serves as the solo founder.

Hanalytic Limited specializes in a diverse range of services, including retail sales via mail order and internet, business and domestic software development, and information technology consultancy. Its website highlights expertise in SAP Business Intelligence HANA analytics, offering consultancy services, project management, and data modelling. It's clear they’re focused on helping businesses leverage SAP technologies for better decision-making. The site also features a cookie consent management section, a modern touch.

Financially, Hanalytic Limited shows a mixed picture. While current assets increased slightly to £450,000, cash bank on hand decreased by 14% to £370,000. Bank borrowings increased significantly, jumping 100% to £390. Creditors also decreased slightly, and debtors have risen considerably to £81,000. Equity increased by 4.7% to £420,000, a positive sign. As a small company meeting two of three criteria (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), it's exempt from an audit, and the figures are unaudited.

The rise in bank borrowings, combined with the decrease in cash reserves, suggests the company may be investing in growth or facing tighter cash flow. It’s possible the increase in debtors is a result of expanding credit terms to customers. The company’s small size and solo leadership, however, could also mean it’s more vulnerable to external economic factors.

Registered in England/Wales under the registration number 10576728, with a registered address at WC2A 2JR, England, London, 7 Bell Yard.

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