Hills Balfour Limited

Hills Balfour Limited, based in London, UK, is a small holding company with an active status, having been founded 22 years ago in 2002. The company employs 47 people and holds £7,509,173 in assets. It has a real address, four directors, and one owner, and maintains a Google rating of 4.0 based on three reviews. Hills Balfour is an irregular importer, primarily dealing in optical and medical tools and devices, with the last import operation occurring two months ago.

The company operates in the public relations and communications activities, advertising agencies, and media representation services industries. It’s a small company, meeting two of three conditions for classification: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s website is not available, so it’s difficult to determine if it’s involved in e-commerce.

Financially, Hills Balfour Limited presents a mixed picture. Current assets have decreased by 32%, dropping to £7,500,000. Debtor values have also declined, falling by 29% to £7,000,000. However, net assets have increased by 13%, reaching £6,100,000. Cash reserves have fallen by 58%, leaving just £460,000. Creditors have dramatically decreased by 75%, falling to £140,000. Bank borrowings have also dropped significantly, and the company’s net current assets have increased by 14%. The lack of an auditor mentioned likely means the figures are unaudited.

The company’s financial data suggests a period of adjustment, with reduced asset values offset by improved creditor management. The sharp decline in cash reserves, however, warrants attention. It's possible the company is reinvesting in its business or facing temporary cash flow challenges. The directors list was changed three months ago, which could indicate a strategic shift or internal restructuring.

Registered in England/Wales under the registration number 04496830, with a registered address at SE1 0AS, England, London, 58 Southwark Bridge Road, C/O Accounting.

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