Hornbeck Ltd

Hornbeck Ltd from New Barnet UK: small company, holding company, active status, founded 14 years ago, 4 employees, £985,018 assets, real address, 2 directors, 1 owner. Regular importer of furniture, lighting, and prefabricated buildings (10 months imported). 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. The last reported current assets is £985,018.

The company operates in the other manufacturing n.e.c., the other information service activities n.e.c. industries. Its website, Hornbeck Offshore Services, is primarily focused on providing offshore support vessels and related services to the oil and gas industry. The site is heavily geared towards commercial clients, featuring detailed specifications of their fleet, commissioning services, and sustainability initiatives. It’s not an e-commerce site in the traditional sense; instead, it functions as a sophisticated marketing platform showcasing their capabilities and attracting business-to-business contracts. The site also highlights their fleet finder tool, investor relations, and even a section dedicated to career opportunities.

Financially, Hornbeck Ltd’s recent performance shows a mixed bag. While net assets grew by a healthy 17%, reaching £750,000, cash reserves only increased by 12% to £620,000. Bank borrowings decreased by 60%, which is a positive sign, and creditors also dropped by 9.8%, suggesting improved debt management. However, trade debtors increased significantly by 33%, which could indicate delayed customer payments. The company’s average number of employees has risen by 50%, from four to six, which could be a sign of growth, but it also means increased operating expenses. There’s no mention of an auditor, which is common for small companies. The company’s assets are worth £985,018.

Overall, Hornbeck Ltd appears to be a stable, albeit small, holding company with a clear focus on the offshore support sector. The increase in employees and debtors suggest a period of expansion, but it will be interesting to see if the company can maintain its financial health in the face of potential economic headwinds.

Registered in England/Wales under the registration number 07617882, with a registered address at EN4 8BD, New Barnet, Hertfordshire, 32 Henry Road.

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