Hi Way Services Limited

Hi Way Services Ltd, based in Hersden, UK, is a medium-sized holding company with an active status. Established 31 years ago in 1993, the company employs 54 people and boasts assets of £8,553,378 and yearly revenue of £10,130,887. It operates from a real address and is managed by four directors and one owner, holding a respectable Google rating of 4.0 based on ten reviews. The company irregularly imports and exports machinery, boilers, and mechanical appliances, parts, with activity recorded for one month.

The company’s website showcases its expertise as road marking contractors, offering services like high-friction surfacing, car park line markings, and stud installations. They also sell products through an online shop, catering to DIY markers. Case studies highlight projects ranging from station renovations to playground markings, demonstrating their versatility. News updates cover social value initiatives and road project improvements. A quick quote feature allows customers to estimate costs, and the site includes resources, FAQs, and social media links.

Financially, Hi Way Services Ltd presents a mixed picture. While revenue increased by 13%, net assets decreased by 11% to £7,900,000. Bank borrowings increased by 15% to £200,000, and cash reserves dropped by 16% to £500,000. Creditors decreased by 12%, suggesting better debt management. The company’s size (meeting two of three conditions for a medium company) allows for flexibility, but the decrease in equity raises questions about its financial health. The accounts are unaudited, and no auditor is mentioned.

Overall, Hi Way Services Ltd appears to be a stable company, but the declining equity and rising bank borrowings suggest a need for careful financial management. The company's focus on specialized road marking services and its commitment to social value initiatives could be key to its long-term success.

Registered in England/Wales under the registration number 02850815, with a registered address at CT3 4JZ, Business Park Hersden,, Canterbury, Kent, Unit 32 Thomas Way, 3a Lakesview International.

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