H&l Co. Ltd

H&l Co. Ltd, based in Newcastle Upon Tyne, UK, is a small, active company established eleven years ago in January 2014. With £30,748 in assets and a real address at Unit 4 Haymarket Metro Station, it's a modest operation managed by two directors and a single owner, Zhang Honghong. The company is an irregular importer, primarily dealing in paper and paperboard products, with its last import activity recorded over two years ago in July 2022. It operates in the unlicensed restaurants and cafes industries.

The company's website showcases a focus on water treatment and storage solutions, specifically GRP sectional water tanks and seawater desalination plants. It’s a global enterprise, marketing its products under the HL Global brand and even offering services like piano restoration through its 1066 Pianos division. The website highlights manufacturing, engineering, and trading divisions, indicating a diversified business model.

Financially, H&l Co. Ltd’s recent performance presents a mixed picture. Current assets have decreased by 19% to £31,000, while net assets have plummeted a staggering 340% to -£60,000. Bank borrowings have vanished completely, a positive sign, but cash reserves have also fallen by 22% to £10,000. Creditors have decreased by 18%, suggesting some improvement in managing debt. The company’s small size—meeting two of three conditions for a small company—helps with agility, but the significant equity decline warrants attention. Loans from directors have also decreased considerably, by 59%. There’s no mention of an auditor, which is common for small companies.

Overall, H&l Co. Ltd seems to be facing financial headwinds, although its diverse business interests—from water treatment to piano restoration—offer potential avenues for future growth. It’s a company in transition, and whether it can navigate these challenges remains to be seen.

Registered in England/Wales under the registration number 08845691, with a registered address at NE1 7PF, England, Newcastle Upon Tyne, Tyne And Wear, Unit 4 Haymarket Metro Station.

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