Hq Corporation Limited

Hq Corporation Limited is a small, active company based in Lincoln, UK, founded six years ago in 2019. With £22,669 in assets and a virtual address shared by ninety-two other companies, it’s a solo-founded operation run by a single director and owner. The business operates in the retail sale via mail order houses or via internet industries. It’s a regular importer of optical and medical tools and devices (twenty months of activity, latest in December 2023), but an irregular exporter of essential oils and perfumes (just one month of activity, back in May 2022).

The company’s website, hqcorporate.co.uk, focuses on helping businesses reduce their business rates. It offers a service where they check, challenge, and appeal business rate assessments, boasting ten years of experience and a director-led approach. They emphasize personalized service and competitive fees, often taking a percentage of the savings achieved. The site details a three-step process and provides contact information, including a phone number and a contact form.

Financially, Hq Corporation Limited shows a mixed picture. Current assets have fallen by 54% to £23,000, while net assets have plummeted to -£12,000. Bank borrowings have increased to £45, and cash reserves are down 97% to just £770. Creditors have decreased by 41%, suggesting some improvement in managing debts, but the sharp decline in equity is concerning. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant equity loss warrants closer examination. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

It seems the company is struggling to maintain a positive financial standing, despite its focus on a specific service. Whether this is a temporary setback or a longer-term challenge remains to be seen, but the company's reliance on a niche market and its director-led approach will be key to its future success.

Registered in England/Wales under the registration number 11891929, with a registered address at LN2 4US, United Kingdom, Lincoln, Lincolnshire, Greetwell Place, 2 Lime Kiln Way.

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