Hel-uk Ltd

Hel-Uk Ltd is a small, active company based in Liverpool, UK, established 14 years ago in March 02, 2011. The company, with seven employees and two directors, operates from a virtual address shared by 119 other companies. It’s a regular importer, specializing in glass and glassware, with its last import activity recorded three months ago in September 2023. The company’s website showcases its expertise in refractory engineering and the manufacturing of furnace linings and vacuum-formed shapes. It serves industries like iron, steel, glass, petrochemicals, and municipal incineration, offering products and services for kilns, furnaces, ovens, and incinerators.

The company’s core business revolves around designing and supplying high-performance specialty fiber materials and solutions, with a focus on engineering design activities for industrial processes. Its website highlights its commitment to workplace safety, ethics, and innovation, and it even has a showroom in Harrods, London.

Financially, Hel-Uk Ltd shows a mixed picture. Cash bank on hand dropped by 20% to £120,000, while bank borrowings remained steady at £10,000. Creditors decreased by 25% to £180,000, and debtors increased by 18% to £140,000. Equity, however, saw a healthy jump of 22% to £290,000. The company’s size—meeting two of three conditions for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees)—helps it stay nimble. Future minimum lease payments decreased by 56% to £21,000, and depreciation on property, plant, and equipment remained consistent. The lack of an auditor mentioned suggests the company is exempt as a small company, and the figures are unaudited.

Overall, Hel-Uk Ltd appears to be managing its finances reasonably well, although the decline in cash reserves warrants attention. The company's focus on specialized engineering solutions and its commitment to quality suggest a solid foundation for future growth.

Registered in England/Wales under the registration number 07547884, with a registered address at L3 9LQ, England, Liverpool, C/O Lonsdale & Marsh 509 - 510 Cotton Exchange, Bixteth Street.

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