Hoyes Ltd

Hoyes Ltd, based in Loughborough, UK, is a small, active company founded sixteen years ago. With eleven employees and £1,002,514 in assets, it operates from a real address and is overseen by four directors and two owners. The company boasts a perfect 5.0 Google rating from two reviews, and is known for importing iron or steel products, with a recent import activity recorded just one month ago.

The company’s core business revolves around the construction of commercial buildings, a sector demanding robust and reliable roofing services. While a website isn't available to analyze, the company’s presence in the industry suggests a focus on B2B relationships and project-based work.

Financially, Hoyes Ltd presents a mixed picture. While current assets increased by 13% to £1,000,000, net assets decreased by 6% to £680,000. Bank borrowings increased by 12%, reaching £5,500, and cash reserves fell by a significant 65% to £130,000. Creditors increased by 56% to £460,000, and trade debtors surged by 70% to £870,000—a substantial rise that could indicate delayed payments or an expansion of credit terms. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Depreciation charges increased slightly, but overall, the company’s financial health appears to be under some pressure. No auditor is mentioned, consistent with its status as a small, exempt company. The figures are unaudited, relying on director-reported data.

Registered in England/Wales under the registration number 06838559, with a registered address at LE11 1DY, England, Loughborough, Unit 5 Charnwood Trade Park, Clarence Street.

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