Hcuk Direct Ltd

Hcuk Direct Ltd is a small, active company based in Edgware, UK, founded two years ago. It operates an e-commerce site and holds £9,257 in assets. With a virtual address shared by sixteen other companies, a single director, and three owners, it’s a compact operation. The company primarily engages in retail sale via mail order houses or via internet.

Hcuk Direct Ltd's website, hcuk.co, reveals it’s a leading distributor of garden machinery, power tools, and replacement parts. It’s a UK-based business, tracing its roots back to 1931, and emphasizes competitive prices and customer service. The company boasts the largest stock of replacement parts in the UK, covering over 50 franchises, and serves over 1,500 trade dealers nationwide. The website also highlights its online parts lookup system, Quickview, and a unique "unopened box exchange service." It’s clear that the business is focused on serving the trade, providing parts and machinery to a wide network of dealers.

Financially, Hcuk Direct Ltd presents a mixed picture. Current assets have fallen by a significant 42%, dropping to £9,300, while net assets have plummeted 83% to -£15,000. Cash reserves have also seen a sharp decline, decreasing 67% to just £2,700. Trade debtors have increased slightly, while creditors have decreased, suggesting some improvement in managing short-term debts. The company's small size—meeting two of three criteria for a small company—allows for flexibility, but the substantial equity decline and reduced cash reserves suggest potential financial strain. With no auditor mentioned, the financial statements are unaudited.

In short, Hcuk Direct Ltd appears to be navigating a challenging financial landscape despite its established position in the garden machinery parts distribution market. The business is clearly focused on serving its trade customers, but its financial health warrants close monitoring.

Registered in England/Wales under the registration number 14110402, with a registered address at HA8 5QZ, United Kingdom, Edgware, Middx, 164 Mollison Way.

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