High Force Research Limited

High Force Research Ltd, based in Durham, UK, is a small holding company with an active status, having been established 37 years ago in 1988. The company employs 58 people and holds assets valued at £3,757,973. It has a real address, is managed by four directors, and is owned by one individual. The company regularly imports organic chemicals (17 months) and exports them (258 months), indicating a strong presence in the chemical supply chain.

The company operates in the manufacture of other chemical products n.e.c. industries. It’s classified as a small company, meeting two of three criteria: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company’s website is non-existent, which means there is no e-commerce activity.

Financially, High Force Research Ltd shows some concerning trends. While investments in fixed assets have increased by a significant 55%, indicating potential expansion, other key metrics paint a more complex picture. Cash reserves have decreased by 7.1% to £3.4 million, and trade debtors have fallen by 40% to £630,000. However, creditors have also decreased by 60% to £320,000, which could be a positive sign of improved debt management. The company’s net assets have increased by 15% to £4.6 million. The lack of a mentioned auditor suggests the company is exempt from an audit as a small company.

The sharp increase in investments in fixed assets, particularly in "Other Property Plant Equipment," could be a strategic move to enhance production capacity or explore new product lines. The decrease in cash reserves and trade debtors, however, suggests the company may be facing challenges in managing its working capital. The decrease in creditors could be a result of better negotiation with suppliers or a slowdown in business activity. Overall, High Force Research Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 02248615, with a registered address at DH6 5PF, Durham, Bowburn North Industrial Estate, Bowburn.

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