Hitec Exports Limited

Hitec Exports Ltd, based in Liverpool, UK, is a small, active company founded 21 years ago in 2003. With four employees and £723,467 in assets, it’s a solo-founded operation managed by a single director and owner. The company has a real registered address and operates as a regular exporter of machinery, boilers, and mechanical appliances, with 762 months of export activity recorded, the latest in February 2025. Conversely, it's an irregular importer of similar parts, with just two months of import activity recorded, the last in October 2023.

The company's website highlights its focus on electrical power solutions, supplying engines, generators, SATEC power meters, and UPS systems. It caters to customers in Eastern Europe and CIS, distributing products from leading manufacturers. The website emphasizes supply chain optimization, storage, delivery, logistics, and consultancy services—suggesting a broader range of offerings beyond just product sales. It’s a wholesale business operating in the electronic and telecommunications equipment and parts industries.

Financially, Hitec Exports Ltd presents a mixed picture. Current assets have fallen significantly by 65%, dropping to £720,000, while net assets have declined by 33%, settling at £520,000. Cash reserves have also taken a hit, decreasing by 30% to £220,000. Trade debtors have seen a substantial drop, falling 72% to £400,000, which could indicate improved collection efforts. However, creditors have also decreased by 84%, to £200,000, which might suggest a reliance on supplier credit. The company meets two of the three criteria for being classified as small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), and it is exempt from an audit.

Overall, Hitec Exports Ltd appears to be navigating a period of financial adjustment. While the decline in assets and cash reserves is concerning, the reduction in debt suggests a focus on financial stability. The company's long-standing presence and focus on specialized equipment indicate a potential for continued success, though it will need to carefully manage its finances to ensure long-term viability.

Registered in England/Wales under the registration number 04782890, with a registered address at L3 9DG, United Kingdom, Liverpool, Merseyside, Bulloch House, 10 Rumford Place.

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