Hasco-internorm Limited

Hasco-internorm Limited, based in Daventry, UK, is a small, active company established 48 years ago. With ten employees and £102,618 in assets, it’s a long-standing business managed by one director and owner, boasting a stellar 5.0 Google rating from a single review. The company regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation occurring three months ago. It also exports optical and medical tools and devices, with the last export taking place three months ago.

The company operates in the non-specialised wholesale trade industries, and its website, while not fully detailed, suggests a focus on international trade and distribution. It's a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Hasco-internorm Limited has experienced some turbulence. Current assets have fallen significantly by 42% to £100,000, while net assets have plummeted by a dramatic 160% to -£57,000. Bank borrowings have decreased by 100%, and cash reserves have declined by 23% to £28,000. Creditors have risen sharply by 210%, and trade debtors have fallen by 47%. The company’s losses have increased by 93% to -£190,000.

These figures suggest the company is facing financial pressures, despite its long-standing presence and positive Google rating. The significant drop in equity is a particular concern, and the increased creditors indicate a need to manage short-term liabilities. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited, which adds a layer of uncertainty. The company’s future hinges on its ability to navigate these challenges and maintain its position in the international trade market.

Registered in England/Wales under the registration number 01296412, with a registered address at NN11 0QB, England, Daventry, Northamptonshire, Icon Innovation Centre, Eastern Way.

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