Hbg Industrial Supplies Limited

Hbg Industrial Supplies Limited, based in Manchester, UK, is a small, active company founded ten years ago. It employs a single individual and holds £364,504 in assets, operating from a virtual address shared by 246 other companies. The firm is led by one director and owner. It’s a regular importer of aluminum and aluminum products, with 61 months of import activity recorded, the last in August 2022.

The company’s website highlights its role as a “one-stop solution centre” for aluminium extrusion, fabrication, and anodising services. It emphasizes high-quality bespoke solutions, competitive pricing, and a customer-oriented supply system, sourcing materials and expertise from around the world. The company operates from Turkey, with contact information provided for HBG D Ticaret Ltd. in Istanbul. It seems to be a B2B operation, not directly selling to consumers.

Financially, Hbg Industrial Supplies Limited shows some concerning trends. Cash reserves have plummeted by 85%, dropping to just £21,000. Creditors have also decreased significantly, by 47%, but this could be a positive sign of improved debt management. Trade debtors have also decreased, by 26%, which is also a good thing. However, the company's equity has increased by 57%, which is good news. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp cash drop raises questions. The company’s net current assets liabilities have increased by 57%, which is not a good sign. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Hbg Industrial Supplies Limited is facing financial pressures, despite its apparent expertise in aluminium processing. The company’s Turkish connection and B2B focus suggest a complex supply chain, and the lack of employees indicates a lean operation—but whether it can weather the current financial headwinds remains to be seen.

Registered in England/Wales under the registration number 09372238, with a registered address at M28 3NJ, England, Manchester, 1 Worsley Court High Street, Worsley.

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