Hmk Limited

Hmk Ltd from Sheffield UK: a small holding company with an active status, was founded 32 years ago in 1993. The company employs four people and holds assets valued at £1,645,696. It has a real address, is managed by three directors, and is owned by Arkote Ltd. Hmk Ltd regularly imports machinery, boilers, and mechanical appliances; parts (68 months imported, latest in February 2025), and exports similar items (18 months exported, latest in September 2023).

The company operates within the machining industries, and its website, though not detailed, suggests a focus on supplying parts and components. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company is a holding company, and its status is active.

Financially, Hmk Ltd shows some concerning trends. Cash bank on hand dropped significantly by 39% to £900,000, and net assets decreased by 26% to £1,500,000. Creditors increased by 7.5% to £200,000, while trade debtors rose by 54% to £360,000. Although the company’s profits decreased by 7% to £250,000, it still managed to pay out £750,000 in dividends. The company’s bank borrowings increased by 240% to £210,000.

The unaudited financial statements, prepared by BHP LLP, show a mixed picture. While the company’s assets remain substantial, the decline in cash and increase in debt suggest it’s burning through money. The fact that the company paid out dividends despite these pressures is interesting, and perhaps indicates a desire to reward shareholders, but it could also be unsustainable in the long run. It's likely that the company is facing increased competition or rising costs, which is impacting its profitability.

Registered in England/Wales under the registration number 02778786, with a registered address at S9 4WQ, England, Sheffield, 6 Parkway Rise.

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