Hatch Marquee Hire Limited

Hatch Marquee Hire Limited, based in Plymouth, UK, is a small, holding company with an active status. Founded 21 years ago in 2004, the company employs twelve people and operates from a virtual address shared by fifty-five other businesses – a bit unusual, really. It’s managed by three directors and has one owner, with a stellar 5.0 Google rating based on twenty-eight reviews. The company is an irregular importer, bringing in furniture, lighting, and prefabricated buildings, though just for a month’s worth of imports back in 2017.

The company’s website isn’t really present, so it’s difficult to ascertain exactly what they’re doing beyond the hire of marquees. It seems they are operating solely as a hire business, with no obvious e-commerce presence.

Financially, Hatch Marquee Hire Limited presents a mixed picture. Accumulated depreciation on property, plant, and equipment has increased by 34%, indicating investment in assets. However, cash bank on hand has plummeted by a staggering 87% to just £9,100, a significant drop. Creditors have decreased by 26%, which is a positive sign of better debt management, but trade debtors have fallen by 43%, suggesting slower customer payments. Equity has also declined by 25%, dropping to £190,000, which could be due to retained losses or dividend payments. Despite these challenges, the company’s small size (meeting two of three conditions for being a small company) allows for flexibility. The unaudited financial statements, prepared by Silverfin, don’t mention an auditor.

Overall, Hatch Marquee Hire Limited appears to be facing some financial headwinds, with declining cash reserves and equity. However, the decrease in creditors suggests they are managing their debt effectively. Whether the company can sustain its operations and continue to thrive remains to be seen, but the positive Google rating suggests strong customer satisfaction.

Registered in England/Wales under the registration number 05132188, with a registered address at PL1 3GW, United Kingdom, Plymouth, Devon, C/O Francis Clark Llp Unit 18, 23 Melville Building East, Royal William Yard.

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