Herti Uk Limited

Herti Uk Limited, based in Camberley, UK, is a large holding company with an active status, established eighteen years ago in 2007. Despite employing just two people, the company holds significant assets of £1,587,782 and generates a substantial revenue of £5,592,945 annually. The registered address is virtual, with 158 companies registered at the same location, which is a little unusual. The company is overseen by three directors and has one owner, though the owner list may not be exhaustive.

Herti Uk Limited operates as a non-specialised wholesale trade business. Its activities include importing and exporting miscellaneous metal items, though these activities are irregular, with one month of imports and two months of exports recorded. The company’s website highlights its presence across Europe, with branches in the US, France, Germany, Romania, and Bulgaria, positioning itself as “Herti Group.” It seems to be focused on brand building and expanding its reach across multiple markets.

Financially, Herti Uk Limited presents a mixed picture. While turnover increased by 23%, net assets decreased by 13% to £290,000. Bank borrowings increased by 180% to £210,000, and cash reserves increased by 180% to £210,000. Creditors decreased by 22% suggesting improved debt management. The company meets two of three criteria to be classified as a large company, with turnover over £36 million and balance sheet total over £18 million, but with only two employees, it's a lean operation. The lack of an auditor mentioned suggests that the financial statements are unaudited.

The increase in bank borrowings and decrease in net assets could indicate the company is investing in growth or facing temporary cash flow challenges. The irregular import and export activity suggests a flexible business model, perhaps responding to market fluctuations. It's worth noting that the company's financial data is presented in GBP, and the figures are not thousands, so they are as is.

Registered in England/Wales under the registration number 06186409, with a registered address at GU15 3SY, Camberley, Surrey, Knoll House, Knoll Road.

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