Hitex Brands Uk Co. Ltd

Hitex Brands Uk Co Ltd, based in London, is a small, active company founded three years ago. It boasts £87,711 in assets and maintains a real address, managed by a single director and owner – a solo founder. The company enjoys a stellar 5.0 Google rating based on seven reviews. It’s a regular importer of clothing and accessories, not knitted or crocheted, with seven months of import activity recorded.

The company’s website reveals a complex operation far beyond simple retail. Hitex is a significant player in the embedded systems market, supplying boards, modules, and development tools for a wide range of applications, from industrial automation to network testing. It offers solutions for Arm, Infineon, and QorIQ architectures, catering to engineers and developers worldwide. The site highlights a diverse portfolio, including compilers, network testers, and industrial gateways, alongside services like consultancy and training. It's clear Hitex isn't just selling products; it's providing comprehensive engineering support.

Financially, Hitex Brands Uk Co Ltd presents a mixed picture. Cash bank on hand has declined significantly, dropping 61% to £7,500. Creditors have increased by 35%, reaching £260,000, while debtors have also decreased by 13%, now at £14,000. Equity has taken a substantial hit, falling 78% to -£180,000. While the company meets the criteria for a small business (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the decline in equity and cash reserves suggests a potential strain. The lack of an auditor mentioned likely reflects its exemption as a small company.

Overall, Hitex Brands Uk Co Ltd appears to be a technically sophisticated business facing financial challenges. Its focus on specialized engineering solutions suggests a high-value market, but the recent financial trends indicate a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 13459841, with a registered address at W1H 7JG, United Kingdom, London, Civvals Ltd, 50 Seymour Street.

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