Hereford Pedicabs Ltd

Hereford Pedicabs Ltd from Hereford UK: small company, active status, founded 18 years ago, 11 employees, £62,766 assets, real address, 1 director, 1 owner. Irregular importer of vehicles, parts, and accessories (not for trains or trams) (2 months imported). Irregular exporter of vehicles, parts, and accessories (not for trains or trams) (1 months exported). Hereford Pedicabs Ltd is a small, active company based in Hereford, UK, with a long history, having been established eighteen years ago. The business, which employs eleven people, holds assets totaling £62,766 and operates from a real address. It’s managed by one director and one owner, Vaughan William Frazer.

The company's core operations revolve around a unique blend of services: non-hazardous waste collection, taxi operation, freight transport by road, and even engineering design activities. However, it’s also an irregular importer and exporter of vehicles, parts, and accessories—with two months of import activity and one month of export activity recorded, the latest being September 2023. The company’s website showcases a diverse range of services, including parcel delivery, trade waste recycling, inner city advertising, and pedicab hire, all powered by pedal power. It also offers high-profile advertising solutions and wedding transport services, highlighting its commitment to sustainable and innovative solutions.

Financially, Hereford Pedicabs Ltd shows a mixed picture. Current assets have increased by 18% to £63,000, while net assets have also increased by 6.5% to £120,000. Bank borrowings have significantly decreased by 72% to £3,800, and cash reserves have jumped by 20% to £53,000. Creditors have also decreased by 72% to £3,800, suggesting improved debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the fluctuating import/export activity raises questions about its long-term sustainability. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Hereford Pedicabs Ltd appears to be holding its own, leveraging its unique services and commitment to sustainability. However, the company's financial performance suggests it’s still navigating a dynamic market and needs to maintain a close eye on its import/export activities.

Registered in England/Wales under the registration number 06031773, with a registered address at HR4 8NG, Hereford, Herefordshire, Bankside, Portway, Burghill.

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