Hart Materials Limited

Hart Materials Ltd, based in Tamworth, UK, is a small, holding company with an active status. Established 17 years ago in 2008, the company employs just two people and holds assets valued at £399,310. It operates from a real address and is overseen by two directors and one owner. Hart Materials is a regular importer and exporter, specializing in nickel and nickel products, with 63 months of import activity and 12 months of export activity recorded.

The company's website positions it as a supplier of nickel powders, flakes, and oxides, catering to industries like electromagnetic shielding and fuel cells. It operates an e-commerce site, and the site boasts a technical library accessible through registration. Recent news highlights the acquisition of Hart Materials by PIKEM Ltd, signaling a change in ownership and potentially a shift in strategy.

Financially, Hart Materials Ltd presents a mixed picture. While cash reserves increased by a healthy 120% to £31,000, current assets grew by 28% to £400,000, and trade debtors rose by 21% to £350,000, creditors have increased significantly, jumping 130% to £160,000. Equity, however, has remained relatively flat at £240,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the rise in creditors suggests a need to manage debt. The lack of a mentioned auditor is typical for a small company, and the financial statements are unaudited. It’s clear that the company is holding its own, but the increased debt load will need to be monitored.

Registered in England/Wales under the registration number 06504658, with a registered address at B77 5BY, England, Tamworth, Unit 20 Tame Valley Business Centre, Magnus, Wilnecote.

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