Heavymovement Uk Ltd

Heavymovement Uk Ltd from London UK is a small, active company founded five years ago. With 14 employees and £1,253,748 in assets, it operates from a virtual address, managed by three directors with no officially listed owners. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 17 months of import activity recorded, the latest in July 2024. It operates within the other service activities incidental to land transportation, n.e.c. industries.

The company’s website is currently unavailable, making it difficult to ascertain its precise operations beyond the import activities. Without a visible online presence, it’s unclear whether Heavymovement Uk Ltd engages in e-commerce or primarily functions as a wholesale importer.

Financially, Heavymovement Uk Ltd presents a mixed picture. While its net assets increased by 130%, rising to £790,000, several key metrics indicate potential challenges. Cash reserves declined by 22%, falling to £210,000, and bank borrowings increased by 41%, reaching £14,000. Trade debtors also decreased significantly, by 31%, to £760,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decline in cash and increase in debt warrants closer scrutiny. The company’s creditors decreased by 34%, suggesting better debt management. The auditor, ADVANTAGE ACCOUNTANCY & ADVISORY LTD, has not mentioned any critical estimates or judgements in the financial statements.

Despite the fluctuating financials, the company's consistent import activity suggests ongoing business operations. The absence of a website and the lack of information regarding its customer base make it difficult to assess its long-term viability.

Registered in England/Wales under the registration number 12027502, with a registered address at EC2V 7AW, United Kingdom, London, 125 Wood Street.

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