Hawick Plant Ltd

Hawick Plant Ltd, based in St. Ives, UK, is a small, active family business established 24 years ago. With six employees and £4,899,775 in assets, it operates from a virtual address, managed by two directors and two owners. The company regularly imports and exports electrical machinery and equipment—17 months of imports and 24 months of exports—and is categorized as a small company, meeting two of three conditions (turnover under £10.2m, assets under £5.1m, fewer than 50 employees).

Hawick Plant Ltd’s primary focus is the trading of heavy construction equipment, including compressors, alternators, and spare parts. Its website showcases a substantial inventory, with a focus on quality and immediate delivery. The company even supplies equipment to Africa and the Middle East, supporting multi-fuel, multi-megawatt sites. A key differentiator is its ability to rapidly deploy equipment in emergency situations, as demonstrated by its support during a diesel power breakdown. It also has a piano restoration division, which is a separate business.

Financially, Hawick Plant Ltd’s recent performance presents a mixed picture. Current assets have decreased by 32% to £4.9m, while net assets have fallen by 14% to £3.1m. Bank borrowings have dramatically reduced by 84%, dropping to £50,000, and cash reserves have increased significantly by 5,200% to £280,000. Trade debtors have also decreased by 77%, suggesting improved collection practices. Creditors have decreased by 94%, which is a good sign. Despite these improvements, the decrease in net assets could indicate a need for increased profitability. The company is exempt from an audit as a small company, and the figures are unaudited.

Registered in England/Wales under the registration number 04080905, with a registered address at PE27 5BN, St. Ives, Cambridgeshire, 12 The Broadway.

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