Hardsoft Limited

Hardsoft Ltd, based in Old Harlow, UK, is a family-run holding company with an active status, established eighteen years ago. The company employs 55 people and holds assets worth £2,954,821. While it has a real registered address, ninety-eight companies share the same location, suggesting a virtual address. Six directors and two owners manage the business, which boasts a stellar 5.0 Google rating from 227 reviews.

Hardsoft specializes in leasing computer equipment, offering various solutions like flexi leases, pure leases, and team-based options. Its website showcases a wide range of products, from Apple devices to Microsoft Surface PCs, alongside services like device deployment and insurance. The company also provides IT consultancy services and has a long history, dating back to 1983, with a focus on providing end-to-end IT solutions.

Financially, Hardsoft's performance shows some mixed signals. Accumulated amortisation and impairment of intangible assets increased by 33%, potentially reflecting investments in development costs. Bank borrowings rose by 88%, reaching £29,000, while cash reserves fell by 30% to £290,000. Creditors decreased by 18%, which is a positive sign. Net assets decreased by 17% to £1,700,000. The company's turnover is not specified, but it’s likely to be a smaller business, given its size. The accounts were audited by LB Group Limited (Chelmsford).

The rise in bank borrowings and the decrease in cash reserves could indicate increased investment or potentially tighter cash flow. However, the decrease in creditors suggests improved debt management. The company's long history and positive customer reviews suggest a stable business, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 05938604, with a registered address at CM17 0ET, Old Harlow, Essex, 10-12 Mulberry Green.

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