Hilger Crystals Limited

Hilger Crystals Ltd from Kent UK is a small, holding company with an active status, established 27 years ago in 1997. Employing 40 people, the company holds assets worth £8,702,975 and operates from a real address in Margate. With four directors and one owner, Hilger Crystals Ltd regularly imports and exports optical and medical tools and devices – 129 months of imports and 394 months of exports recorded.

The company’s website doesn’t offer much insight into its operations beyond its registered name. It’s not clear if the company operates an e-commerce site or if it’s purely B2B.

Financially, Hilger Crystals Ltd shows some interesting trends. While net assets have increased by a significant 20%, from £4.2 million to £5.1 million, bank borrowings have surged by 720%, reaching £720,000 – a substantial increase. Cash reserves have also decreased by 4%, falling to £4.4 million. Trade debtors have risen by 43%, suggesting a potential challenge in collecting payments. 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 for flexibility, but the increase in borrowings warrants attention. The company’s director remuneration has increased by 33%, reaching £170,000, which could reflect increased workload or a shift in responsibilities. As a small company, it’s likely exempt from an audit, so the financial statements are unaudited. The increase in deferred tax liabilities, though, suggests a complex tax situation.

Registered in England/Wales under the registration number 03412024, with a registered address at CT9 4JL, Kent, Unit R1 Westwood Estate, Margate.

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