H T Development (uk) Ltd

HT Development (uk) Ltd, based in Thornton Heath, Surrey, is a small, active company founded 17 years ago. With £78,777 in assets and a real registered address, it’s a solo-founded operation managed by a single director and owner, Kevin Njemnobi. The company operates in the real estate agencies industries, and its website showcases a range of services including electrical loft conversions, plumbing, roofing, and new builds. Testimonials highlight positive customer experiences, emphasizing technical expertise and attention to detail. The business is an irregular importer, with its last import activity recorded over five years ago.

The company's website, htdevelopment.co.uk, is primarily a showcase for its services. It doesn't appear to be an e-commerce site, but rather a platform for generating leads and displaying completed projects. The testimonials and project galleries suggest a focus on renovation and construction services, catering to residential clients. There's a clear emphasis on quality workmanship and customer satisfaction.

Financially, HT Development (uk) Ltd presents a mixed picture. Net assets have declined significantly, dropping 43% to -£46,000, and cash reserves have plummeted 98% to just £81. Bank borrowings have also decreased, but the significant losses and low cash balance suggest the company is struggling to generate profits. Creditors have also decreased, which is a positive sign, but the overall trend is concerning. The company meets two of three criteria for being a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no auditor mentioned, so the financial data is unaudited.

It seems like HT Development (uk) Ltd is facing financial pressures, despite a reputation for quality service. The decrease in cash reserves and the negative equity suggest the company is burning through money, though the decrease in creditors could be a sign of better debt management. Whether the company can sustain its operations in the long term remains to be seen.

Registered in England/Wales under the registration number 06322147, with a registered address at CR7 8RU, Surrey, 31 High Street, Thornton Heath.

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