Hassiba Technologies Limited

Hassiba Technologies Ltd from Malvern UK is a small holding company with an active status, established four years ago. It employs nine people and holds £756,997 in assets. The company has one director and one owner, operates from a real address, and is registered with seven other companies at the same location. It regularly imports miscellaneous chemical products (14 months) and occasionally exports them (1 month).

The company appears to be a small business, meeting two of the three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It functions as a holding company, and its status is currently active. It’s a small operation, with a single director and owner, and nine employees. The company’s website suggests it operates in the manufacture of concrete products for construction purposes. It’s a regular importer of miscellaneous chemical products, with its last import operation occurring in November 2024, and an irregular exporter, with its last export operation occurring in April 2024.

A review of the company’s financial data reveals a mixed picture. Cash bank on hand has decreased significantly by 59%, dropping to £170,000. Creditors have fallen by 46%, to £780,000, and current assets have also declined by 47%, now standing at £760,000. However, retained earnings have increased by 21%, reaching £31,000. Amounts owed to related parties have risen sharply by 92%, reaching £500,000. Trade debtors have decreased dramatically, and prepayments have increased slightly. The company’s net assets liabilities are £31,000.

The company’s financial situation suggests it may be facing some challenges, with decreasing cash reserves and increasing amounts owed to related parties. However, the reduction in creditors indicates improved debt management. The lack of an auditor mentioned suggests it’s likely exempt as a small company, and the figures are unaudited. The company’s financial data is a little confusing, but it seems to be holding steady.

Registered in England/Wales under the registration number 12586105, with a registered address at WR14 1GZ, United Kingdom, Malvern, Worcestershire, Unit 7 Britannia Business Centre, Britannia Way.

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