Hexpol Tpe Ltd

Hexpol Tpe Ltd from Manchester UK is a large, holding company with an active status, founded fifteen years ago in 2010. The company employs forty-seven people and holds £9,169,000 in assets. It has a real address, is managed by six directors, and has one owner. Hexpol Tpe Ltd regularly imports and exports rubber and rubber products, with nineteen months of import activity and ninety-eight months of export activity recorded.

The company operates within the manufacture of other rubber products industries. Its website is currently unavailable, making it difficult to determine if it engages in e-commerce or offers any online sales.

Financially, Hexpol Tpe Ltd presents a mixed picture. While current assets have increased by a substantial 31% to £9,200,000, net losses deepened from £1,900,000 to £1,900,000. Bank borrowings have increased by 100% to £33,000, and cash reserves have fallen by 82% to £590,000. Creditors have decreased by 12% to £2,500,000, suggesting improved debt management. The company’s size—meeting two of three criteria for a large company—allows for flexibility, but the sharp loss and depleted cash reserves are concerning. The company is audited by Azets Audit Services.

The increase in administrative expenses by 14% could indicate investments in growth or rising operational costs. The surge in deferred tax expense credit, however, suggests a potential benefit from tax planning or changes in tax rates. The company’s reliance on imports and exports, particularly in rubber products, makes it vulnerable to global supply chain disruptions and fluctuating commodity prices.

Registered in England/Wales under the registration number 07183047, with a registered address at M24 2GG, Manchester, Don Street, Middleton.

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