Howe Baker International Ltd

Howe Baker International Ltd, based in London, UK, is a small, active company founded 31 years ago in 1993. With three employees and £2,953,233 in assets, it operates from a real address on Harley Street. Two directors and one owner guide the company, which has a complex business model. It’s an irregular importer of electrical machinery and equipment (just one month of imports recorded in October 2024) but a regular exporter (25 months of exports, most recently in November 2024). The company operates in the other engineering activities industries.

The company’s website paints a picture of a global technology provider specializing in hydrocarbon processing plants and related equipment. Howe Baker Engineers offers a wide range of services, including desalter upgrades, spare parts, hydrogen production solutions, and even mini-refinery construction. It caters to the oil, gas, refining, petrochemical, and clean hydrogen industries, with a presence in both the US (Texas) and UK. The site highlights a commitment to heritage, quality, and innovation—emphasizing its expertise in natural gas processing, crude oil refining, and water treatment. The website has a lot of information, and it’s a very professional site.

Financially, Howe Baker International Ltd shows some concerning trends. Cash reserves dropped by 22% to £450,000, while bank borrowings increased by 29% to £26,000. Creditors surged by a significant 66%, reaching £1,200,000 within a year. While current assets increased by 20% to £3,000,000, trade debtors also rose by 33%, suggesting a build-up of outstanding invoices. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the increase in creditors and decrease in cash raises questions about its short-term financial health. No auditor is mentioned, likely due to its small company status. The company’s retained earnings accumulated losses are stable.

Overall, Howe Baker International Ltd seems to be navigating a period of change. While its core business remains active, the financial data suggests it's burning through money, and the company should probably look at their cashflow.

Registered in England/Wales under the registration number 02852277, with a registered address at W1G 7HH, London, 76 Harley Street.

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