Hg3 Limited

Hg3 Limited, based in Knaresborough, UK, is a small, active family business established 21 years ago. Employing just two people, the company holds £147,689 in assets and operates from a real address. With two directors and two owners, it's a tight-knit operation. The company regularly imports clothing and accessories made by knitting or crocheting, with a consistent history of 88 months of import activity. It also occasionally exports man-made staple fibers, with two months of export activity recorded.

The company's website, HG3 Corporatewear, focuses on supplying businesses, schools, and colleges with embroidered and printed clothing. They offer a wide range of workwear, safetywear, sportswear, and corporate hospitality wear, catering to various needs and budgets. They even provide uniform solutions for schools and offer outerwear options. The website’s design is clean and professional, highlighting their extensive product range and commitment to customer service.

Financially, Hg3 Limited presents a mixed picture. Cash bank holdings have decreased by 16% to £68,000, while corporation tax payable has increased significantly by 150% to £11,000. Creditors have risen by 19% to £70,000, and other creditors have fallen by 76% to £5,100. Interestingly, trade debtors have increased by 9.3% to £64,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the increase in corporation tax and creditors suggests potential cash flow challenges. The lack of an auditor mentioned (likely exempt as a small company) means the financial information is unaudited.

Overall, Hg3 Limited appears to be a stable, family-run business navigating the typical pressures of a small enterprise. While the financials show some areas of concern, the company's focus on a specialized market and its commitment to customer service position it for continued success.

Registered in England/Wales under the registration number 04829667, with a registered address at HG5 9JB, England, Knaresborough, 5 Tilcon House Low Moor Lane, Scotton.

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