Hiyacar Limited

Hiyacar Ltd from London UK is a small, active company founded eleven years ago in 2013. Employing thirty-nine people and holding assets of £523,314, it operates from a real address and is managed by one director, though there are no listed owners. The company is an irregular importer, primarily dealing with optical and medical tools and devices, with its last import activity recorded one month ago.

Hiyacar’s website clearly positions it as a car-sharing platform, facilitating peer-to-peer car rental. The site offers various options, including listing cars for hire, subscribing to driver accounts, and even offering business accounts. It highlights popular car types like electric vehicles, seven-seaters, and convertibles, and provides support resources like a help centre and COVID-19 safety guidelines. The site also promotes a community aspect, with sections for referrals and sustainability initiatives.

Financially, Hiyacar Ltd’s report paints a mixed picture. Current assets have significantly decreased by 49%, dropping to £520,000. Bank borrowings have increased, and cash reserves have fallen substantially. Creditors have also decreased, suggesting better management of short-term debts. The company’s small size—meeting two of three criteria for being considered small—helps it remain flexible, but the drop in assets raises concerns. The company’s accounts are unaudited, and no auditor is mentioned, which is common for small companies. The directors list was changed two months ago, which is a good sign.

Registered in England/Wales under the registration number 08690056, with a registered address at EC2A 4NE, England, London, 86 - 90 3rd Floor, 86 - 90 Paul Street, Ec2a 4ne.

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