H.e. Group Ltd

H.E. Group Ltd, based in Rochester, UK, is a holding company with a long history, established 38 years ago. Employing 223 people and boasting assets of £8,850,825, it's a significant player in its sector. The company, with four directors and two owners, operates from a real address and maintains a 4.0-star Google rating based on 37 reviews. It's a family business founded by a solo entrepreneur, and it’s been active for quite some time.

The company's core business revolves around the rental of plant and machinery, with a particular focus on construction equipment. It regularly imports machinery, boilers, and mechanical appliances, parts, with a recent import operation recorded in June 2024. Export activity is even more extensive, spanning 118 months, with the last operation taking place in January 2025. It also owns several other companies, including Masterhitch Europe Limited, Diggerworld Limited, and H.E. Construction Services Limited, and manages H.E. Solar Llp. It was previously known as H.E. Services (plant Hire) Ltd.

Financially, H.E. Group Ltd presents a mixed picture. Accumulated depreciation and impairment for property, plant, and equipment have increased, with furniture fittings rising by 6.5%, and plant machinery remaining steady. Amounts owed by group undertakings have vanished completely, while amounts owed *to* group undertakings have skyrocketed, increasing by a staggering 100%. The number of employees has grown by 5.8%, reaching 240. Bank borrowings have disappeared entirely, and cash reserves have surged, jumping 610% to £6.9 million. However, comprehensive income and expense have plummeted by 78%, and corporation tax payable has drastically reduced. Creditors have increased by 35%, while debtors have fallen by 55%.

The company's net assets and liabilities have increased by 22%, and the company has taken exemption from publishing its own profit and loss account. The auditor is Beak Kemmenoe. These trends suggest a period of rapid growth and change, with significant investments and a focus on cash flow. However, the decrease in profit raises questions about the company's profitability, and the increase in creditors could signal potential challenges in managing short-term obligations.

Registered in England/Wales under the registration number 02079614, with a registered address at ME2 4DZ, Rochester, Kent, Whitewall Road, Strood.

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