Hco Group Ltd

HCO Group Ltd, based in Tonbridge, UK, is a small, active company founded thirteen years ago. With sixteen employees and £163,275 in assets, it operates from a real address and is managed by a single director and owner. The company is an irregular importer, primarily dealing in electrical machinery and equipment, with its last import operation occurring in February 01, 2023.

The company's website, helphowardconrad.com, showcases a thriving business specializing in Apple iPhone, iPad, and Mac repairs, alongside Windows computer services. It offers a wide range of repair options, from simple screen replacements to complex motherboard fixes, all backed by a generous three-year warranty. The site also highlights trade-in options, mail-in repairs, and even a "free tune-up" promotion. The company has a physical location in Harrogate and boasts a 5.0 Google rating, indicating high customer satisfaction. It seems to be a well-established repair shop, serving both local and national customers.

Financially, HCO Group Ltd presents a mixed picture. Accumulated depreciation has doubled over the year, reflecting increased investment in plant and machinery. Bank borrowings decreased by 21%, suggesting better cash flow management. However, cash reserves increased by 27%, which is a positive sign. Creditors also decreased by 21%, indicating improved debt management. However, the most notable change is the significant turnaround in equity, which has moved from a negative £41,000 to a positive £17,000—a dramatic 140% improvement. This could be due to increased profitability or reduced losses. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile. With no auditor mentioned, the figures are unaudited.

Overall, HCO Group Ltd appears to be a financially stable and growing company. The repair business seems to be doing well, and the recent improvements in equity suggest a positive trend. While the company’s irregular import activity remains a small part of its operations, the focus on Apple and Windows repairs positions it well in a competitive market.

Registered in England/Wales under the registration number 07904088, with a registered address at TN11 8LW, England, Tonbridge, Kent, 9 Dukes Meadow, Chiddingstone Causeway.

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