Hang Group Trading Ltd
- Small
- Active
- 7 years
- 1 employee
- £396,695 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Hang Group Trading Ltd, based in Harrogate, UK, is a small, active company founded seven years ago in 2018. It employs just one person and holds £396,695 in assets. With two directors and a solo founder, the company operates an e-commerce site and regularly imports clothing and accessories—not knitted or crocheted—with 132 months of import activity recorded, the latest in February 2025.
The company’s website, Trafalgar Group Trading, specializes in low-hazard pyrotechnics, catering to the party and celebration market. It offers a wide range of products, from sparklers and fountains to smoke bombs and flares, targeting retailers looking to add sparkle to their customers' events. The website highlights its extensive product range, safety focus, and dedication to customer service, showcasing a catalogue and even offering a downloadable PDF.
Financially, Hang Group Trading Ltd presents a mixed picture. While turnover isn’t specified, net assets have taken a significant hit, dropping 91% to £51,000—a considerable decline. Cash reserves have also plummeted 49% to £270,000. Creditors have increased slightly, and other creditors have risen dramatically—4,200%—suggesting potentially increased borrowing or supplier payments. Trade debtors have also fallen sharply, which could be a positive sign of improved collections, or it could indicate a slowdown in sales. 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, but the substantial equity drop warrants attention. No auditor is mentioned, so the figures are unaudited.
The company’s rapid decline in equity and cash reserves suggests it may be burning through money faster than it’s generating it. However, the continued import activity and the strong online presence indicate a business that’s still actively pursuing sales. It’s likely the company is facing challenges managing its finances, but its niche market and focus on low-hazard pyrotechnics could provide a foundation for future growth, if it can address these financial pressures.
Registered in England/Wales under the registration number 11132253, with a registered address at HG1 5EW, England, Harrogate, North Yorkshire, The Chapel, Grove Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 1 year
- 5
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
- 7
-
Resident of United Kingdom
-
Individual
- 1 year
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2025-01-03 with no updatesDownload 3 pages pdf report
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Registered office address changed from The Exchange Station Parade Harrogate North Yorkshire HG1 1TS United Kingdom to The Chapel Grove Road Harrogate North Yorkshire HG1 5EW on 2024-12-18Download 1 page pdf report
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Total exemption full accounts made up to 2023-12-31Download 7 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Hang Group Trading Ltd
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