Hm Quickshifter (uk) Ltd

Hm Quickshifter UK Ltd, based in Weston, UK, is a small, active company founded 18 years ago in 2006. With five employees and £82,695 in assets, it operates from a real address and is led by one director and owner. The company regularly imports electrical machinery and equipment (four months of import activity) and exports vehicles, parts, and accessories (five months of export activity).

The company’s website, hmquickshifter.co.uk, showcases a business specializing in quickshifter systems and related motorcycle accessories. It appears to be primarily an e-commerce operation, with a focus on selling quickshifters, electronic control units, and other performance-enhancing parts. The site is well-designed and user-friendly, with clear product descriptions and secure online ordering. While there’s no obvious indication of a physical storefront, the company seems to cater to a niche market of motorcycle enthusiasts seeking to improve their riding experience.

Financially, Hm Quickshifter UK Ltd presents a mixed picture. Current assets have increased by 5.5% to £83,000, while net assets have declined significantly by 70% to £4,800. Bank borrowings have decreased by 48% to £16,000, and cash reserves have fallen by 61% to £11,000. Creditors have increased by 46% to £84,000, which could be a result of increased stock purchases. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity is a concern. The company’s accounts are unaudited, as it’s exempt due to its size.

Overall, Hm Quickshifter UK Ltd seems to be navigating a challenging financial landscape. While its e-commerce operation appears active, the declining equity suggests it may be burning through cash. The company's niche focus and online presence offer potential for growth, but careful management of its finances will be crucial for long-term success.

Registered in England/Wales under the registration number 05999130, with a registered address at SG4 7DP, Weston, Red Sky House Fairclough Hall, Halls Green.

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