Htec Limited

Htec Limited, a London-based holding company, has been operating for 45 years, established back in March 1980. With an active status and a workforce of 183 employees, the company holds assets totaling £17,896,700 and generates an annual revenue of £15,306,071. Despite its size, Htec Limited operates from a virtual address shared by 542 other companies, raising some questions about its physical presence. The company is overseen by three directors and has one owner, though the list of owners was changed two years ago. Google users rate it 3.0 out of 5 based on 25 reviews.

Htec Limited functions as a holding company, and its activities involve both importing and exporting. It regularly imports machinery, boilers, and mechanical appliances—parts, totaling 82 months of imports, with the most recent in September 01, 2024. Simultaneously, it exports electrical machinery and equipment, with 4 months of export activity, the last in October 01, 2023. The company operates in the other information technology service activities industries.

Financially, Htec Limited presents a mixed picture. While turnover remained steady at £15,000,000, net assets have decreased by 11% to £15,000,000. Bank borrowings increased significantly by 83%, reaching £16,000, and cash reserves fell by 1.5% to £820,000. Creditors decreased by 32%, suggesting improved debt management. The company’s size—meeting two of three criteria for a large company—indicates a solid foundation, but the decrease in equity warrants closer scrutiny. The company's accounts are audited by Blick Rothenberg Audit LLP.

Despite these financial shifts, Htec Limited seems to be navigating the market. The company’s focus on technology services, combined with its import/export activities, positions it within a dynamic sector. The virtual address, while a potential concern, is common among many businesses today. It’s likely the company is working to maintain its financial stability while adapting to evolving market conditions.

Registered in England/Wales under the registration number 01486255, with a registered address at EC4A 3TW, United Kingdom, London, 5 New Street Square.

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