H P Engineering Limited

HP Engineering Limited is a small holding company based in Preston, UK, with an active status. Founded fifteen years ago in 2009, the company employs eleven people and holds £327,285 in assets. It operates from a virtual address, with two directors and one owner. The company is an irregular importer of machinery, boilers, and mechanical appliances parts, with just one month of import activity recorded in 2020, but a regular exporter of the same products, with sixteen months of export activity up to July 2024. The company operates within the other engineering activities industries.

The company's website details a broader scope of work, specializing in the supply of communication products and integrated security systems in Myanmar. It acts as a system integrator, offering turnkey solutions for clients including government departments, hotels, industries, and banks. Services include design, supply, installation, commissioning, training, and project management for communication networking systems, radio communication, and integrated security systems. The website showcases a diverse range of products and services, from high-power engineering to fire-fighting systems, PABX systems, and even hotel room accessories.

Financially, HP Engineering Limited presents a mixed picture. Current assets have decreased by 31%, dropping to £330,000, while net assets have fallen by 14%, settling at £240,000. Bank borrowings have increased significantly, and cash reserves have declined by 43%, leaving just £97,000. Creditors have also decreased, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is likely due to its small size and exemption status.

The company's financial trends indicate a period of adjustment, potentially reflecting the challenges of international trade or a shift in business strategy. While the export side appears robust, the decline in assets and cash reserves warrants closer monitoring.

Registered in England/Wales under the registration number 07008067, with a registered address at PR4 6SN, England, Preston, Lancashire, 7-9 Station Road, Hesketh Bank.

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