Hendrik Veder Group Uk Limited

Hendrik Veder Group Uk Limited is a small, holding company based in Aberdeen, UK, with an active trading status. Founded twenty-three years ago in May 2001, the company employs thirty people and maintains a real registered address. It’s overseen by one director and owned by three entities. The company regularly imports and exports iron or steel products, with nineteen months of import activity and ninety-five months of export activity recorded.

The company operates in the other business support service activities n.e.c. industries. It's a holding company, meaning it likely owns other businesses. The company’s website is not available, making it difficult to determine if it operates an e-commerce platform.

Financially, Hendrik Veder Group Uk Limited presents a mixed picture. Net assets decreased by 26% to -£1.1 million, while bank borrowings increased significantly by 1200%, reaching £1.2 million. Cash reserves, however, saw a substantial increase of 120%, reaching £500,000. Trade debtors decreased by 18%, suggesting improved collection practices, while creditors increased by 2.7%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. No auditor is mentioned, likely due to its small size.

The increase in bank borrowings, despite the rise in cash reserves, could indicate investments in other businesses or expansion plans. The decrease in net assets, however, warrants further investigation. The company’s reliance on support from its parent company, as noted in the financial statements, highlights its vulnerability.

Registered in Scotland under the registration number SC219404, with a registered address at AB23 8EF, Scotland, Aberdeen, Unit 7 Woodside Road, Bridge Of Don Industrial Estate.

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