Hassco Building Limited

Hassco Building Ltd, based in London, UK, is a small holding company with an active status, having been founded 30 years ago in 1995. The company employs six people and holds £286,630 in assets, operating from a virtual address shared by 64 other companies. It’s led by three directors and has one owner, and currently has a 3.0-star Google rating based on just two reviews. Hassco Building Ltd is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import operation occurring over a year ago in May 2022.

The company’s website is minimal, offering little insight into its operations beyond its registration details. It seems to primarily function as a holding company, with no obvious e-commerce presence or direct customer interaction. The business operates within the building completion and finishing industries.

Financially, Hassco Building Ltd presents a mixed picture. While cash reserves have seen a significant boost, increasing by 93% to £130,000, other areas show concerning trends. Net assets have risen dramatically by 90% to £220,000, however, the company’s liabilities have also increased, with creditors up by 3.4%. Bank borrowings have increased significantly, and trade debtors have fallen sharply. The company meets the criteria to be considered small, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit. It is probable that the company is experiencing some financial strain, but it is also likely that the company is in a period of growth.

Registered in England/Wales under the registration number 03015691, with a registered address at E17 4EE, London, Sterling House, Fulbourne Road.

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