Hansbiomed Europe Ltd

Hansbiomed Europe Ltd is a small, holding company based in London, UK, with an active trading status. Founded five years ago in December 2019, the company employs fifteen people and holds £830,149 in assets. It operates from a real address, managed by one director and one owner. The company regularly imports essential oils and perfumes (ten months of import activity, last in January 2025) and exports optical and medical tools and devices (twenty-eight months of export activity, last in November 2024).

The company’s website, Hansbiomed UK Europe, presents a sophisticated image, showcasing a range of medical devices and cosmeceuticals from South Korea. It’s clear that the site is designed for professional buyers, with a focus on PDO threads, microcannula treatments, and skincare products. The site requires javascript to work correctly, and it’s a bit confusing to navigate. The site seems to be a B2B platform, targeting medical professionals and distributors across Europe and beyond, with international offices in Korea, the US, Ireland, Colombia, Mexico, and Thailand. The website’s focus on science and technology, along with CE and FDA certifications, suggests a commitment to quality and regulatory compliance.

Financially, Hansbiomed Europe Ltd shows some concerning trends. Current assets have fallen by 42% to £830,000, while net assets have plummeted 52% to -£2,100,000. Bank borrowings have not been reported. Cash reserves have also declined significantly by 45% to £81,000. Trade debtors have increased by 18% to £220,000, suggesting potential issues with collecting payments. Creditors have remained relatively stable at £480,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop and rising debt raise questions about its long-term viability. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The decrease in average employees from fifteen to six is a significant change and could be a result of restructuring or cost-cutting measures. It's also worth noting the substantial increase in impairment of plant and machinery, which could indicate obsolescence or reduced utilization. Overall, while Hansbiomed Europe Ltd appears to be operating in a specialized and potentially lucrative market, its financial performance suggests it's facing challenges and may need to address its cost structure and revenue generation strategies.

Registered in England/Wales under the registration number 12352889, with a registered address at SW19 4EU, England, London, Tuition House, 27-37 St. Georges Road.

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