Hanex Uk Limited

Hanex UK Limited, based in Southampton, is a small, active company founded five years ago. With eleven employees and £734,509 in assets, it operates from a real address and is managed by six directors and two owners. The company regularly imports ceramic products—thirteen months of activity recorded—and occasionally exports plastics and plastic products, with just one month of export activity.

Hanex UK Limited functions as a UK distributor for Hanex solid surfaces, offering a wide range of colours, sinks, and basins. Its website highlights the versatility of Hanex, showcasing applications in kitchens, bathrooms, healthcare facilities, and more. The company emphasizes its commitment to quality, offering products with nonporous, antibacterial, and chemical-resistant properties. It also provides services like custom design, thermoforming, and backlighting, catering to both residential and commercial clients. The website is well-designed and informative, with a focus on showcasing the product's aesthetics and practical benefits.

Financially, Hanex UK Limited presents a mixed picture. While current assets increased by 13% to £730,000, net assets plummeted 860% to -£260,000. Bank borrowings decreased by 39%, and cash reserves increased dramatically by 650% to £150,000. Creditors increased by 43%, and debtors decreased by 17%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity decline suggests potential challenges. The unaudited financial statements, with no auditor mentioned, rely on director-reported data.

The substantial increase in creditors, alongside the decreased debtors, could indicate a need to manage cash flow more effectively. The company’s success hinges on its ability to maintain its reputation as a quality distributor and adapt to changing market conditions.

Registered in England/Wales under the registration number 12271970, with a registered address at SO32 2JQ, England, Southampton, Hanex House Gravel Hill, Shirrell Heath.

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