Handling Equipment Sales Ltd

Handling Equipment Sales Ltd, based in Dunstable, UK, is a small, active company founded 33 years ago. With 12 employees and £409,383 in assets, it operates from a virtual address, a detail worth noting as 87 companies are registered at the same location. The business is led by two directors and has a single owner, Gordon Robert, who is also the solo founder.

The company primarily imports machinery, boilers, and mechanical appliances, with parts making up its top import category, having imported for 192 months. It also engages in irregular exporting, with machinery and parts representing its top export category, having exported for just one month. The company operates in the non-specialised wholesale trade industries.

Financially, Handling Equipment Sales Ltd shows a mixed picture. Current assets have decreased by 10% to £410,000, while net assets have increased by 37% to £240,000. Bank borrowings have decreased by 29% to £25,000, and cash reserves have increased by 51% to £69,000. Creditors have significantly decreased by 37% to £180,000, which is a positive sign. Trade debtors have increased by 26% to £270,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. The increase in trade debtors could indicate a need to manage customer payments more closely. As a small company, it is exempt from an audit, so the financial data is unaudited.

Registered in England/Wales under the registration number 02619970, with a registered address at LU6 3HS, Dunstable, Bedfordshire, 3 Kensworth Gate, 200-204 High Street South.

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