Hh Norfolk Ltd

Hh Norfolk Ltd is a small, active company based in Ely, UK, founded nine years ago in 2016. With two employees and £1,035,946 in assets, it operates from a virtual address – sixteen companies share this address, which is a bit unusual. The company is led by a solo founder who also serves as director and owner. It’s an irregular importer of electrical machinery and equipment, with just one month of imports recorded as of May 01, 2024.

The company’s website, Hockwold Hall, positions itself as a wedding and corporate venue with a rich history. It’s a 16th-century Tudor Hall set amidst 50 acres of picturesque grounds, offering a range of accommodation options, from the main Hall to cottages and a charming inn. The venue caters to weddings, corporate events, and even offers accommodation for guests, with a focus on bespoke packages and a unique, historic setting. It even has a marquee, dance floor, and even a hot tub.

Financially, Hh Norfolk Ltd’s numbers present a mixed picture. Cash reserves declined by a significant 44%, dropping to £74,000, while bank borrowings surged by 88%, reaching £19,000. Creditors also decreased, which is good. Net assets remained steady at £1,200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the drop in cash reserves suggests it’s burning through money. The increase in bank borrowings is also a little concerning. The company is exempt from an audit, so the figures are unaudited.

It seems Hh Norfolk Ltd is relying on its venue business to generate income, but the financial data indicates a need to manage cash flow more effectively. The reliance on irregular imports of electrical equipment seems a bit of a distraction from the core business of providing wedding and corporate accommodation.

Registered in England/Wales under the registration number 10017248, with a registered address at CB7 4JU, United Kingdom, Ely, Cambs, 6 High Street.

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