Hla Services Limited

HLA Services Ltd, based in Boldon, UK, is a sizable company with an active status, having operated for 22 years. Employing 110 people and boasting assets of £3,810,506, it’s a well-established player in the region. The company is a holding company with four directors and one owner, maintaining a respectable Google rating of 4.0 based on eight reviews. It regularly imports machinery, boilers, and mechanical appliances—parts, with the most recent import activity recorded 22 months ago.

HLA Services operates in the combined facilities support activities industries, providing commercial heating, ventilation, air conditioning, electrical, refrigeration, plumbing, and catering equipment services. Its website highlights a focus on supporting industry, commerce, retail, education, and hospitality, emphasizing its role as a "North East's leading Air Conditioning, Climate Systems and Temperature Control specialists." The company also promotes "HLA Green" and its commitment to the strive for net zero, offering bulk buying energy benefits. It’s clear that HLA Services aims to be a one-stop shop for facilities management, with a strong emphasis on customer service and nationwide coverage.

Financially, HLA Services shows a mixed picture. While revenue increased by 11% to £6.5 million, net assets decreased by 11% to £2.1 million. Bank borrowings declined by 32% to £420,000, and cash reserves fell 62% to £230,000—a significant drop. Staff costs increased by 15% to £4.8 million, and director remuneration saw a substantial rise of 130%. Creditors decreased by 8%, suggesting improved debt management, but the decline in cash reserves warrants attention. The company meets two of three criteria for a large company: turnover over £36 million, balance sheet total over £18 million, and over 250 employees. The unaudited financial statements were prepared under FRS 102, and the company’s auditor is Robson Laidler Accountants Limited.

Overall, HLA Services appears to be a stable, well-established company, but the decrease in cash reserves and increase in staff costs suggest it’s facing some financial pressures. The company’s focus on facilities management and commitment to sustainability position it well for the future, but careful management of its finances will be crucial to its continued success.

Registered in England/Wales under the registration number 04663855, with a registered address at NE35 9PY, Boldon, Tyne And Wear, 1 Boldon Court, Burford Way.

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