Hollington Medical Ltd

Hollington Medical Ltd from Kettering UK: a small, active company founded five years ago, employs just two people, and holds £54,175 in assets. With a real address and two directors and owners, it boasts an impressive Google rating of 5.0 from 100 reviews. The company regularly imports machinery, boilers, and mechanical appliances parts, with recent activity recorded just last month.

The company operates in the repair of machinery and electrical equipment. While no website is available to examine, its business appears to be primarily B2B, focusing on service and repair rather than direct consumer sales.

Financially, Hollington Medical Ltd shows a mixed picture. Current assets have seen a significant jump, up 180% to £54,000, while net assets have improved considerably, decreasing by 71% to -£9,700. Cash reserves have also increased dramatically, soaring 94% to £23,000. However, bank borrowings have risen by 49%, reaching £38,000, and creditors have also increased, climbing 5.7% to £45,000. Trade debtors have also increased, up 64% to £13,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There’s no mention of an auditor, which is typical for small, exempt companies.

Despite the increase in bank borrowings, the company’s improved cash position suggests it's managing its finances effectively, although the substantial losses remain a concern. The increase in trade debtors could be a sign of growth, but also a potential risk if payments are delayed. The company’s small size allows for flexibility, but the financial pressures need to be carefully monitored.

Registered in England/Wales under the registration number 12128802, with a registered address at NN14 2TH, England, Kettering, Northamptonshire, 62 62 Broadlands, Desborough.

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