Hm Eu Trading Ltd

Hm Eu Trading Ltd, based in Northampton, UK, is a small, active company founded seven years ago. It’s a solo-founded operation with one director and owner, operating from a virtual address shared by 120 other companies. The business, which employs just one person, holds assets of £1,715,867. Accounts are currently overdue by one month. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with its last import operation recorded two months ago in December 2020. It operates in the non-specialised wholesale trade industries.

The company’s website is minimal, offering little insight into its operations beyond its registration details. It doesn’t appear to be an e-commerce site, suggesting a business-to-business model focused on wholesale distribution rather than direct retail.

Financially, Hm Eu Trading Ltd presents a mixed picture. Cash bank on hand has decreased by 16% to £27,000, while cash equivalents have decreased by 16% to £27,000. Trade debtors have remained steady, but other debtors have increased significantly by 69%, reaching £880,000. Creditors have decreased by 4.2% to £1,800,000. Net assets and liabilities are down 9.5% to -£360,000. The company’s size—meeting two of three criteria for a small company—allows for agility, but the negative equity and rising debtors suggest potential cash flow issues. The company is exempt from an audit, so the figures are unaudited. Corporation tax payable has increased dramatically, by 1400% to £4,300.

It’s clear the company is facing some financial pressure, but it’s also possible that the increase in debtors reflects a period of expansion or larger contracts. The company’s irregular import activity and lack of a robust online presence suggest a niche market or specialized distribution model.

Registered in England/Wales under the registration number 11199125, with a registered address at NN4 7HD, United Kingdom, Northampton, Century House, 1 The Lakes.

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