Hangon Limited

Hangon Ltd from Shropshire UK: a small holding company with an active status, was founded 28 years ago. It employs 12 people and holds assets valued at £1,460,602. With a real address and three directors overseeing operations, the company is owned by two individuals. It boasts a stellar 5.0 Google rating based on three reviews, and is a regular importer of iron or steel products, having imported for 79 months, with the last import operation made in February 2025. The company operates in the manufacture of other fabricated metal products.

Hangon's website showcases a focus on smart solutions for the coating industry, offering a range of hooks, hanging systems, masking products, and handling equipment. The site highlights its commitment to efficiency and sustainability, with sections dedicated to product development, customization, and a "Green Effect" initiative. The company also features a "CCC Calculator" and product videos, demonstrating a focus on customer engagement and showcasing its innovative solutions. The website’s emphasis is on selling products and offering solutions rather than a full-blown e-commerce platform.

Financially, Hangon Ltd presents a mixed picture. While the company’s equity increased by 52% to £1,300,000, current assets declined by 18% to £1,500,000. Cash bank on hand took a significant hit, decreasing by 29% to £930,000. Creditors also decreased by 74% to £260,000, suggesting improved debt management. However, the increase in bank borrowings by 2,400% to £29,000, and a decrease in cash reserves, indicates a potential need for funding. The company's small size—meeting two of three conditions for a small company—allows for agility, but the equity drop warrants further investigation. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Registered in England/Wales under the registration number 03341535, with a registered address at SY7 0NB, Shropshire, Leintwardine, Craven Arms.

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