Hfg Global Ltd

Hfg Global Ltd is a small, active company based in Reigate, UK, founded four years ago in June 2020. The company employs just two people and holds £2,476 in assets. With a real address and two directors, it’s a compact operation overseen by three owners. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, HFG Global Management Corp, suggests a broader range of management services, alongside policies and standards. The site is very professional, with a clear focus on health, safety, security, and environmental practices. It’s not immediately clear how closely the management services relate to the retail operations, but the website presents a polished image. It’s not an e-commerce site, but rather a corporate site.

Financially, Hfg Global Ltd presents a concerning picture. Current assets have plummeted by a staggering 94%, falling from £38,000 to just £2,500. Equity has also seen a dramatic decline, dropping from £51 to a negative £13,000. Cash reserves have been decimated, falling 80% to a mere £2,200. While creditors have decreased significantly, the sharp decline in assets and the negative equity are worrying signs. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, which is typical for a small, exempt company.

The company's retained earnings have dropped dramatically, and the company is clearly burning through cash. The decrease in liabilities is a positive, but it doesn’t offset the larger issues. It’s possible the company is undergoing a restructuring or facing unexpected expenses, but the trend suggests financial difficulties.

Registered in England/Wales under the registration number 12667655, with a registered address at RH2 9EL, England, Reigate, Surrey, 51b Albert Road North.

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