Hpi Technology Limited

Hpi Technology Limited, based in Crowmarsh, UK, is a small, active company founded just three years ago. With a single employee and £4,219 in assets, it’s a solo founder operation led by a director and owner. The company maintains a real address and boasts a perfect 5.0 Google rating from two reviews. It’s a regular importer, specializing in machinery, boilers, and mechanical appliances; parts, with recent activity recorded as of April 2024.

The company's website indicates it has closed and is no longer operating. A message directs interested parties to an email address for support, and the site features password entry fields, suggesting a previous e-commerce presence. It also includes branding elements and links to social media platforms, hinting at a past effort to build an online store powered by a third-party platform.

Financially, Hpi Technology Limited’s recent report paints a concerning picture. Net assets have plummeted by 320%, dropping to -£4,200, and net current assets and liabilities have increased significantly. Cash reserves have decreased by 43%, leaving just £3,100, and bank borrowings have fallen dramatically. Trade creditors have increased by 36%, and the company’s total assets less current liabilities have also decreased. While the company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), the sharp decline in equity and cash reserves suggests a company burning through money. The lack of an auditor mentioned likely reflects its status as a small, exempt company. The company operates in the manufacture of other general-purpose machinery n.e.c. industries.

Registered in England/Wales under the registration number 13602500, with a registered address at OX10 8BA, United Kingdom, Crowmarsh, Oxon, Thames Wing, Howbery Park.

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