H K Trading Limited

H K Trading Limited, based in Dunstable, UK, is a small, holding company with an active status, having been established 30 years ago in 1995. The company holds £1,073,149 in assets and operates from a real address shared by three other businesses. With two directors and one owner, it maintains a stellar 5.0 Google rating based on five reviews. A regular importer, it has imported paper and paperboard products for 29 months, with the last import operation occurring in July 2021.

The company’s website, hktrading.co.uk, functions as a wholesale platform specializing in disposable party supplies, catering supplies, and paper solutions. It caters to a wide range of clients, from retailers and schools to cafes and supermarkets, offering a vast product range including plates, bowls, cutlery, and foil products. The site prominently features an eco-friendly range and emphasizes bulk discounts, suggesting a focus on B2B trade. It’s clear they’re aiming to be a one-stop shop for businesses needing disposable tableware and partyware.

Financially, H K Trading Limited’s recent report presents a mixed picture. While cash bank on hand increased to a modest £280, net assets decreased by 12% to £210,000. Bank borrowings remained steady at £97,000, and creditors increased slightly to £860,000. A significant drop in property plant equipment was also noted, falling to zero. Trade debtors, however, increased by 10%, which could indicate an increase in sales but also potential issues with customer payments. The company meets the criteria for being a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The absence of an auditor’s report, typical for small companies, means the figures are unaudited.

Overall, H K Trading Limited appears to be navigating a period of change. While the website suggests a thriving wholesale operation, the financial data reveals a slight decline in overall net worth. It’s likely the company is managing its cash flow carefully to sustain its operations and meet the demands of its diverse customer base.

Registered in England/Wales under the registration number 03034164, with a registered address at LU6 1BE, Dunstable, Bedfordshire, Unique House, 318 High Street North.

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