Haztec International Ltd

Haztec International Ltd, based in Leeds, UK, is a small, active company established 24 years ago. With 39 employees and £3,700,976 in assets, it’s a well-established player in its sector. The company has seven directors, though no owners are currently listed, which is a little unusual. Haztec operates from a real address and regularly imports and exports electrical machinery and equipment – a solid 388 months of import activity and 488 months of export activity.

The company’s website highlights its focus on LED lightbars and vehicle warning systems. It’s clearly an e-commerce business, with a dedicated online store and a focus on warranty, quality, and British manufacturing. Haztec's site mentions FM 75925 and ISO 90012015 certifications, reinforcing its commitment to quality standards. They also provide a contact number and email address, and encourage visitors to sign up for news updates.

Financially, Haztec's report presents a mixed picture. While net assets increased by 10% to £3.4 million, cash reserves decreased by 23% to £370,000. Bank borrowings also increased by 3.8% to £170,000. Creditors have risen by a significant 25%, suggesting potential challenges in managing short-term debts. The company’s employee count has decreased slightly, from 39 to 37, which could be due to restructuring or natural attrition. The increase in trade debtors by 41% to £1.7 million may indicate an expansion of credit terms or difficulties in collecting payments. The company is exempt from an audit, so the figures are unaudited.

Overall, Haztec International Ltd seems to be a stable, established business, but the financial data suggests it’s facing some pressures. The company’s focus on quality and its strong online presence could help it navigate these challenges, but careful management of its finances will be crucial.

Registered in England/Wales under the registration number 04157886, with a registered address at LS19 7BN, Leeds, West Yorkshire, Ford House Moorfield Estate, Yeadon.

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