Htk Europe Limited

HTK Europe Limited, based in Altrincham, UK, is a sizable holding company with an active status, having operated for three decades. Employing 22 people, the company holds assets valued at £2,066,064 and generates annual revenue of £5,320,632. Despite a real address, the company's registration is at a location shared by 1215 other companies, suggesting a virtual address. Four directors and three owners oversee operations, with a stellar Google rating of 5.0 based on one review. The company regularly imports and exports electrical machinery and equipment, with a long history of activity in both areas.

HTK Europe Limited functions primarily as a distributor of Honda connectors and cable harnesses, as well as a manufacturer of custom cable assemblies. Their website highlights a focus on machine vision applications, particularly through the supply of camera link cables. They also provide services like cable harness design and production, catering to industries like machine vision and automotive. The company has a showroom in Swindon and even supplies to Harrods.

Financially, HTK Europe Limited shows a mixed picture. While turnover increased by a healthy 28%, net assets declined by 25% to £540,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) helps it stay agile, but the sharp equity drop raises questions. The company is exempt from an audit, so the financial statements are unaudited.

The company’s strong Google rating and focus on specialized connectors suggest a loyal customer base, but the financial pressures indicate a need for careful management. The long history of operations and the presence of a dedicated team suggest a resilient business, but the recent financial trends warrant close monitoring.

Registered in England/Wales under the registration number 02924320, with a registered address at WA14 2DT, United Kingdom, Altrincham, Cheshire, 3rd Floor 1 Ashley Road.

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