Hop Lord Ltd

Hop Lord Ltd, based in Worcester, UK, is a small, family-run business with an active status, established seven years ago. The company employs just two people and holds £32,165 in assets. It's a private limited company with two directors and two owners, operating from a real registered address. Hop Lord Ltd regularly imports drinks, alcohol, and vinegar – with three months of import activity recorded – and occasionally exports iron or steel products, with just one month of export activity.

The company’s website showcases a digital platform designed to simplify lettings and maximize revenue for agencies. It handles everything from tenant referencing to rent collection, offering a range of services including contract generation, insurance products, and rent collection. The platform also provides resources like training courses and webinars, positioning Goodlord as a comprehensive solution for the lettings industry. The website highlights partnerships with over 3,500 agencies and emphasizes its ability to save time, reduce costs, and boost revenue.

Financially, Hop Lord Ltd presents a mixed picture. Current assets have decreased significantly by 41%, dropping to £32,000. Equity has taken a substantial hit, plummeting 4500% to -£12,000. Bank borrowings have increased by 20%, reaching £41,000, while cash reserves fell 15% to £27,000. Although creditors decreased by 20%, the sharp decline in equity is concerning. The company’s small size—meeting two of three conditions for a small company—helps it remain agile, but the substantial equity loss suggests potential financial strain. The accounts are unaudited, and no auditor is mentioned.

Overall, Hop Lord Ltd appears to be navigating a challenging financial landscape, despite its active business operations and digital platform. Whether the company can sustain its growth and profitability remains to be seen.

Registered in England/Wales under the registration number 11148980, with a registered address at WR1 2QX, England, Worcester, 7 Pump Street.

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