Hey Safe Cleaning Solution Ltd

Hey Safe Cleaning Solution Ltd from Wakefield UK: small company, active status, founded 17 years ago, 17 employees, £505,734 assets, real address, 6 directors, no owners. Regular importer of machinery, boilers, and mechanical appliances; parts (3 months imported). Regular exporter of miscellaneous manufactured goods (9 months exported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Hey Safe Cleaning Solution Ltd operates primarily as a supplier of ductwork cleaning machines and related services. The company’s website highlights its expertise in providing advanced cleaning solutions for commercial kitchens and HVAC systems. It offers a range of machines, including ductwork brushing machines, foam boxes, and compressors, alongside training and technical support. The business also ships internationally, with a presence in Asia and the United States. It’s clear they’re trying to stand out, with a blog and YouTube channel showcasing their machines’ grease removal capabilities. They even offer financing options for their equipment.

Financially, Hey Safe Cleaning Solution Ltd shows a mixed picture. While current assets increased by 88% to £510,000, net assets rose by a more modest 28% to £150,000. Bank borrowings, however, surged by 90% to £480,000, and cash reserves fell 71% to just £3,500. Trade debtors ballooned by 110% to £430,000, suggesting potential issues with customer payments. The company’s small size helps it remain agile, but the increased debt and falling cash reserves are concerning. It’s worth noting that the company is exempt from an audit, so the financial data is unaudited.

The company’s rapid growth in assets and debtors may be a result of increased sales, but the significant rise in debt suggests a need for careful financial management. The six directors, while providing diverse perspectives, also increase overhead costs. It’s likely that the company is burning through cash to fuel expansion, and it will be interesting to see if they can maintain this trajectory without incurring further financial strain.

Registered in England/Wales under the registration number 06245290, with a registered address at WF2 0XQ, United Kingdom, Wakefield, West Yorkshire, 2a Brindley Way.

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