Hrm International Limited

Hrm International Ltd from Bury UK is a small, active company founded seven years ago. With 18 employees and £456,722 in assets, it’s a solo-founded operation led by a single director and owner, Sethi Siddharth. The company regularly imports optical and medical tools and devices, with 64 months of import activity recorded.

The company operates in the retail sale via mail order houses or via internet industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The company's registered address is real, with only two companies registered at the same address.

Financially, Hrm International Ltd shows some interesting trends. Cash bank on hand increased by 34% to £160,000, while current assets rose by 34% to £460,000. However, bank borrowings increased significantly, with current financial instruments rising to £10,000. Debtors also increased by 46% to £230,000. The company's equity grew by 29% to £360,000, which is good news. Deferred tax liabilities increased by 56% to £34,000, which could be due to changes in tax regulations.

The company's net assets grew by 29% to £360,000, which is a positive sign. The increase in debtors might indicate that the company is extending credit to customers, or it could be a temporary blip. The rise in deferred tax liabilities could be a result of accelerated tax depreciation. The company's financial statements are unaudited, which is common for small companies, and the director is Sethi Siddharth.

Registered in England/Wales under the registration number 10855134, with a registered address at BL9 0NY, United Kingdom, Bury, 10 Union Street.

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