Heavy Equipment Maintenance Solutions (hems) Limited

Heavy Equipment Maintenance Solutions (HEMS) Ltd, based in East Sussex, UK, is a small, active company founded 20 years ago. With seven employees and £820,096 in assets, it operates from a real address and is managed by three directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances, parts (25 months), and exports the same (54 months), with the last export operation occurring in February 2025.

The company’s website, however, currently displays an error message, indicating technical difficulties. It's not possible to assess their online presence or e-commerce activities at this time.

Financially, HEMS Ltd presents a mixed picture. Cash bank on hand has decreased by nearly half, dropping to £60,000. Bank borrowings have increased significantly, up 67% to £35,000. Creditors have also risen by 32%, reaching £670,000. However, debtors have surged dramatically, increasing by 150%, to £480,000. This suggests a possible reliance on customer payments to manage short-term liabilities. Equity has also improved, increasing by 67% to £120,000. The company’s small size (meeting two of three conditions for being classified as small) helps with agility.

The increase in debtors, while potentially indicative of strong sales, could also signal difficulties in collecting payments. The decrease in cash reserves is concerning, and the rising bank borrowings suggest a need for external funding. While the company’s assets remain substantial, the financial trends indicate a need for careful management and a focus on cash flow. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Registered in England/Wales under the registration number 05274624, with a registered address at BN21 3YA, East Sussex, 7 - 9 The Avenue, Eastbourne.

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