Hans Airways Ltd

Hans Airways Ltd from London UK: small company, holding company, active status, founded 5 years ago, 1 employee, £100,166 assets, virtual address, 6 directors, 1 owner. Irregular importer of electrical machinery and equipment (2 months imported).

Hans Airways Ltd is a small holding company based in London, UK. Founded in 2019, the company is currently active and employs just one person. It holds £100,166 in assets, but its registered address is a virtual one, shared by 140 other companies. Six directors oversee the business, which is owned by Mobiform Ltd. The company is an irregular importer, bringing in electrical machinery and equipment for a couple of months, with the last import operation occurring in January 2024.

The company's website, Hans Airways, focuses on providing a “new way to fly home.” It primarily explains the company’s privacy and cookie policies and encourages visitors to accept cookies or continue browsing. The site also highlights the airline's services, including customer service, comfortable seating with ample legroom, competitive pricing, and an in-flight entertainment system. It's a small airline with a big ambition, connecting communities and showcasing British craftsmanship. The website also promotes a new loyalty concept called FlyHAPEEI, rooted in environmental and societal betterment, and features news articles related to the UK aviation industry.

Financially, Hans Airways Ltd presents a mixed picture. Current assets have plummeted by a staggering 97%, dropping from £3.1 million to just £100,000. This significant decrease is mirrored by a 110% drop in net assets, which now sits at -£190,000. Bank overdrafts remain at a modest £1, while cash reserves have also fallen dramatically, down 100% to just £670. However, there are some positives: creditors have decreased by 63%, and staff costs remained consistent at £160,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it's likely exempt from a full audit, so these figures are unaudited.

The sharp decline in assets and the negative equity suggest Hans Airways Ltd is burning through money. The company’s focus on scheduled passenger air transport industries, however, indicates a long-term vision. Whether it can overcome these financial challenges and achieve its goals remains to be seen.

Registered in England/Wales under the registration number 12278146, with a registered address at E14 9FJ, United Kingdom, London, First Floor, 3 Cumbrian House, 217 Marsh Wall.

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