Heley International Limited

Heley International Ltd, based in Grays, UK, is a well-established holding company with a 48-year history and an active status. Employing 33 people, the company holds assets valued at £4,527,207 and operates from a real address. With four directors and one owner, Heley International maintains a stellar 5.0 Google rating based on four reviews. The company regularly imports essential oils and perfumes (22 months) and exports soaps, cleaning products, and waxes (17 months).

The company's website paints a picture of a specialist distributor of FMCG residual stock, a business built on decades of experience and family values. They emphasize their role as a “cornerstone” in the movement of these goods, highlighting their expertise and commitment to excellence. The site showcases several product categories, including personal care, soft drinks, household items, and confectionery, and actively seeks both customers and suppliers. They also have a division that focuses on high-end piano restoration, which is a different venture.

Financially, Heley International Ltd’s recent performance presents a mixed bag. While administrative expenses remained steady, several key metrics show significant shifts. Accrued liabilities decreased by 38%, which is a positive sign, but bank borrowings increased by 13%, reaching £630,000. Cash and cash equivalents fell by 67%, dropping to -£380,000. Interestingly, net assets also declined, falling 7.6% to £2.4 million. Staff costs decreased by 9.5%, and director remuneration was down 18%. The company is classified as a medium-sized company, and the accounts were audited by Maynard Heady LLP. The company meets two of three conditions for being a large company, indicating a turnover of over £36 million and a balance sheet total of over £18 million.

These changes could be attributed to various factors, such as shifting market conditions, increased competition, or strategic investments. It’s worth noting that the company’s focus on residual stock suggests a business model that thrives on opportunistic sourcing and efficient distribution—a strategy that could be both a strength and a vulnerability in a dynamic market.

Registered in England/Wales under the registration number 01275625, with a registered address at RM20 3JT, Grays, Essex, 712 London Road.

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