A.g. Hipgrave Limited

Hipgrave Ag Ltd from Hertfordshire UK: a small, active company established 46 years ago, employs 23 people, and holds assets valued at £2,824,004. With three directors and two owners, the business operates from a real address and is an irregular importer of aluminum and aluminum products, with its last import activity recorded one month ago.

The company’s website showcases a construction business specializing in refurbishment of existing commercial and private properties. Founded in 1970, Hipgrave Construction emphasizes long-term client relationships, quality craftsmanship, and modern refurbishment solutions. The site highlights a strong work ethic, passionate experts, and a commitment to innovation, detailing projects for well-known companies and showcasing a portfolio of residential and commercial work. It even offers contact information and opening hours.

Financially, Hipgrave Ag Ltd presents a mixed picture. Cash reserves have increased dramatically by 96% to £1,200,000, a positive sign. However, trade debtors have risen sharply by 73%, suggesting a potential issue with collecting payments. Bank borrowings have also decreased slightly by 2.7%, and creditors have increased by 77%, which could be a sign of increased spending. Net assets have increased by 51%, which is good. The company’s small size—meeting two of three criteria for being a small company—helps it remain flexible. The lack of an auditor mentioned likely means the financial statements are unaudited, and rely on director reported data.

Overall, Hipgrave Ag Ltd appears to be holding its own, though the increase in debtors warrants attention. The company’s long-standing presence and focus on quality suggest a resilient business, despite the financial pressures.

Registered in England/Wales under the registration number 01411254, with a registered address at HP4 2PN, Hertfordshire, Shotover 8 Meadway, Berkhamsted.

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