Holdson Limited

Holdson Limited, based in Huddersfield, UK, is a small, active company founded three years ago. With two employees and £689,249 in assets, it operates from a real address and is managed by two directors and owners. The company is an irregular importer, primarily dealing with electrical machinery and equipment, with recent import activity recorded just two months ago. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Holdson Limited specializes in electrochemical polishing, specifically for metal 3D printing components. Its website highlights a revolutionary technology aimed at addressing the high costs and slow speeds associated with current surface polishing methods. The company’s Electroform process is up to six times faster than alternatives, providing a solution for the limitations often found within additive electrochemical postprocessing. It serves a diverse range of industries, including automotive and medical, and offers comprehensive aftercare services, including training, troubleshooting, and maintenance. The company's website is a modern, professional site with a clear focus on innovation and sustainability.

Financially, Holdson Limited's report reveals some concerning trends. While cash reserves have surged a staggering 14,000% to £15,000, net assets have plummeted to -£320,000. Creditors have also increased significantly, reaching £310,000, and trade debtors are now at £670,000. The number of employees has increased dramatically, from two to thirteen – a 550% increase – which could be a sign of growth or potentially unsustainable spending. Future minimum lease payments are a large £1.1 million, which could be a risk. Despite these challenges, the company's retained earnings accumulated losses are at -£320,000, and share premium is at £770,000. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

In short, Holdson Limited is experiencing rapid growth, but its financial health is precarious. The significant increase in debt and negative equity suggests the company may be burning through money, and it’s important to monitor its ability to manage these obligations.

Registered in England/Wales under the registration number 13700592, with a registered address at HD8 9GA, England, Huddersfield, Unit 1, Skelmanthorpe Technology Park, Station Road.

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