Hk Designs Ltd

Hk Designs Ltd, based in London UK, is a small holding company with an active status, established 15 years ago in 2009. Employing just three people, the company holds £106,211 in assets and operates from a virtual address – a detail flagged by the presence of 485 other companies registered at the same location. It’s managed by three directors and owned by one individual, boasting a perfect 5.0 Google rating from just two reviews. The company regularly imports furniture, lighting, and prefabricated buildings, with recent activity recorded three months ago.

The company’s website showcases a focus on bespoke office furniture, workwalls, desking, and boardroom tables. Hk Designs Ltd positions itself as a provider of premium quality, custom-made furniture, offering a comprehensive range of services from design to installation and maintenance. The website highlights various products, including executive desks, workwalls, open-plan workstations, and collaboration tables, catering to diverse workspace needs. It even has a showroom in Ripley, Surrey.

Financially, Hk Designs Ltd presents a mixed picture. While cash reserves increased slightly to £100,000, current assets have fallen by 8.2% to £110,000. Bank borrowings have decreased significantly by 32% to £21,000, which is a positive sign. However, creditors have surged by 170% to £53,000, and equity has dropped by 49% to £34,000, indicating a potential drain on resources. Trade debtors have also seen a substantial decrease, which could be a sign of improved collection practices, but also potentially a slowdown in sales. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the declining equity warrants close attention. The financial statements are unaudited, likely due to the company’s small size and exemption from an audit.

Registered in England/Wales under the registration number 07007153, with a registered address at W1W 8BD, United Kingdom, London, 3rd Floor Great Titchfield House, 14-18 Great Titchfield Street.

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