Helmy Limited

Helmy Ltd from Middlesex UK is a small, active company founded 21 years ago. With 18 employees and £3,945,034 in assets, it operates from a virtual address and is led by one director and owner. A 3.0 Google rating based on 12 reviews suggests room for improvement. The company regularly imports and exports edible vegetables and roots, with 745 months of import activity and 64 months of export activity.

The company’s core business revolves around the wholesale of fruit and vegetables, and the buying and selling of its own real estate. It’s a small company, meeting two of three conditions for classification: turnover less than £10.2 million, assets less than £5.1 million, and fewer than 50 employees. The company's website is not available for review.

Financial data reveals a mixed picture. While net assets increased by 22% to £3.4 million, cash reserves grew by 28% to £2.1 million, and trade debtors increased by 30% to £1.8 million, there are some concerning trends. Bank overdrafts have surged by a staggering 8,900% to £110,000, and creditors have risen by 32% to £1.2 million. Depreciation impairment of property, plant, and equipment has also increased, with land buildings rising by 31%, plant machinery by 26%, and vehicles by 40%. The company’s average number of employees has increased slightly, by 5.6% to 19.

The company's accounts are unaudited, likely due to its small size. The increased overdraft and rising creditors suggest that Helmy Ltd is burning through cash, possibly to support increased sales or investments. However, the growth in trade debtors could also indicate difficulties in collecting payments from customers. It’s possible that the company is expanding its operations, but it needs to manage its cash flow more effectively to avoid financial difficulties.

Registered in England/Wales under the registration number 04854451, with a registered address at UB1 1SQ, Middlesex, Heasleigh House, 79a South Road, Southall.

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