Htc Group Limited

HTC Group Limited, based in Runcorn, UK, is a sizable holding company with an active status, having operated for 41 years. Employing 27 people and boasting assets of £17,224,301, the company is a key player in the DAF truck dealer network. With three directors and one owner, HTC Group maintains a 4.0 Google rating from 127 reviews, highlighting its customer service. They regularly import and export miscellaneous food products, demonstrating a diverse supply chain.

HTC Group’s primary focus is the sale, servicing, and parts provision for DAF trucks. Their website details a comprehensive range of services, from new truck sales and used truck sales to DAFaid roadside assistance and electric vehicle sales. They also offer consultancy services and have multiple locations across the South of England, including Heathrow, Dunstable, Oxford, and Reading. The company’s history stretches back to 1970 under the Vales Group, and it’s now part of Ballyvesey Holdings, a group involved in various road transport activities.

Financially, HTC Group Limited shows a mixed picture. While cash and cash equivalents increased by a substantial 60% to £1.2 million, current assets only grew modestly by 13% to £17 million. Net assets, however, saw a significant jump of 36% to £7 million. Bank borrowings remained steady, and creditors decreased slightly. A notable trend is the surge in trade debtors, increasing by 38% to £10 million, which could indicate a reliance on customer payments. Staff costs remained consistent at £1.3 million. The company's size (meeting two of three criteria for a large company) suggests it’s a substantial operation, but the increase in debtors warrants further attention. The company's accounts were audited by Myers Clark, and the report was signed on February 026, 2025.

The company’s focus on DAF trucks and its extensive network of locations suggest a stable business model, but the increase in debtors and the need for continued growth will be key to its long-term success.

Registered in England/Wales under the registration number 01742433, with a registered address at WA7 3DU, England, Runcorn, Fairoak 43 Fairoak Lane, Whitehouse Industrial Estate.

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