Hankuk Composite Uk Ltd

Hankuk Composite Uk Ltd from Bristol UK: small company, active status, founded 5 years ago, 3 employees, £116,664 assets, real address, 2 directors, 1 owner. Regular importer of glass and glassware (3 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the wholesale of textiles, the activities of head offices, the other research and experimental development on natural sciences and engineering industries. Officially, it has one owner or PSCs, two directors, and three employees.

The company’s website is not available, so it's difficult to determine if it's an e-commerce business. However, the import activity suggests a business-to-business model, likely supplying glass and glassware to other companies rather than selling directly to consumers. It’s possible they supply to a manufacturer, a retailer, or a construction company. Without a website, it’s hard to know for sure.

Financially, Hankuk Composite Uk Ltd presents a mixed picture. Cash reserves have declined significantly, dropping 63% to just £69,000. Creditors have increased substantially, jumping 390% to £21,000, which could indicate increased reliance on trade credit. Current assets have also fallen by 39% to £120,000. However, the company’s equity, while still negative at -£540,000, hasn’t worsened as much as other metrics. The company's debtsors have increased by 1000% to £48,000. These figures, unaudited and reliant on director-reported data, suggest the company is facing some financial pressures, but it's not necessarily burning through money. The significant increase in debtors could be a temporary blip, or it could reflect a shift in payment terms with customers. The company is exempt from an audit as a small company.

Registered in England/Wales under the registration number 12465743, with a registered address at BS10 7SB, England, Bristol, Unit H12, Boscombe Industrial Estate Severn Road, Hallen.

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