Hanson Electrical Limited

Hanson Electrical Ltd, based in East Yorkshire, UK, is a small, active company established 18 years ago. With 24 employees and £1,970,824 in assets, it’s a well-established local business boasting a perfect 5.0 Google rating from 287 reviews. The company, managed by a single director and owner, regularly imports furniture, lighting, and prefabricated buildings—a trend spanning 23 months, with the most recent import in February 2025.

The company’s website highlights a comprehensive selection of appliances, from washing machines and dishwashers to ovens and refrigerators. It operates multiple stores in Hull, offering both in-person shopping and online ordering. Customers can even schedule home measure and design appointments, showcasing a commitment to personalized service. The site lists a variety of brands, including Samsung, Beko, and Bosch, and actively promotes special offers and sales.

Financially, Hanson Electrical Ltd presents a mixed picture. While current assets increased slightly to £2,000,000, net assets declined by 4.3% to £2,400,000. Cash bank on hand took a significant hit, falling 32% to £330,000. Trade debtors also increased by 37% to £680,000, which could indicate a reliance on customer payments. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in equity is something to keep an eye on. No auditor is mentioned, which is typical for companies of this size.

Overall, Hanson Electrical Ltd appears to be a stable business with a strong reputation, but the recent financial trends suggest it’s navigating some challenges. The company's focus on customer service and its wide range of products should help it continue to thrive, but it will need to manage its debts and maintain a healthy cash flow.

Registered in England/Wales under the registration number 05918862, with a registered address at HU5 5JR, East Yorkshire, 228-232 Willerby Road, Hull.

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