Hayat Tech Ltd

Hayat Tech Ltd from Huddersfield, UK, is a small, active company founded just four years ago in March 2021. It’s a solo founder operation with one director and owner, Liaqat Farha, and holds just £945 in assets. The company’s yearly revenue sits at £8,704, and it operates from a real address in Huddersfield.

Hayat Tech Ltd primarily works in the retail sale via mail order houses or via internet. Their website details a range of services, including mobile app development, website design, SEO, and even cloud computing solutions. It seems they’re aiming to be a one-stop shop for businesses needing digital support, offering everything from custom software development to 2D/3D graphics design. They even boast expertise in technologies like Google Cloud and AWS, and offer services like Firebase database integration. The site is well-detailed, and it’s clear they’re targeting businesses looking to transform their technology into success.

Financially, Hayat Tech Ltd presents a mixed picture. While gross profit loss increased significantly to £8,700, administrative expenses also jumped dramatically to £8,000—a 480% increase. Cash bank on hand has decreased by 48% to just £940, and net assets and liabilities remain at -£12,000. Interest payable has also risen to £140. The company meets two of the three criteria to be considered small, with turnover under £10.2 million, balance sheet total under £5.1 million, and less than 50 employees. It's worth noting that trade debtors have increased, suggesting potential challenges with customer payments. The company’s accounts are unaudited, as is common for small entities.

Overall, Hayat Tech Ltd appears to be a small, growing business, but it’s burning through cash. The increase in administrative expenses suggests a period of investment, but the declining cash reserves are something to watch. It’s possible they’re reinvesting in their services to attract more clients, but it’s also a sign that they need to carefully manage their expenses to ensure long-term sustainability.

Registered in England/Wales under the registration number 13235757, with a registered address at HD1 1RD, United Kingdom, Huddersfield, West Yorkshire, Office 2, Desk 7, The Glass Box, 6 Friendly Street.

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