Hubb Systems Ltd

Hubb Systems Ltd from Ellesmere Port UK is a small holding company with an active status, founded fifteen years ago in 2009. The company employs six people and holds assets worth £2,184,739. It has a real address, two directors, and one owner. Hubb Systems Ltd is a regular importer of aluminum and aluminum products, having imported for seven months, with the last import operation made on November 01, 2024.

The company operates in the manufacture of other fabricated metal products n.e.c. industries, and its website, salesrhinoproducts.co.uk, showcases a range of van racking solutions, including MR4 Racking, ladder loading steps, and pipe tube holders. The site is clearly geared toward an e-commerce model, with detailed product descriptions, free shipping offers, and a focus on customer support. There's a lot of different options for customers, and it seems like the company is trying to provide a lot of different options.

Financially, Hubb Systems Ltd’s recent performance shows some interesting trends. While assets remained relatively stable, creditors increased significantly, jumping 320% to £1,600,000. This suggests a greater reliance on borrowing. Average number of employees doubled from six to twelve, which could be a sign of growth, but also increased operational costs. Bank borrowings also surged, rising by 2,400%, reaching £29,000, which is a large increase. Cash reserves, however, fell by 30% to £26,000, which is a bit concerning. The company is considered small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). The accounts are unaudited, and no auditor is mentioned.

Despite the increase in debt, Hubb Systems Ltd appears to be a stable operation with a clear focus on its niche market. The growth in employees, while potentially costly, could also indicate expanding business. The company’s success will depend on its ability to manage its increased borrowing and maintain its focus on providing quality van racking solutions.

Registered in England/Wales under the registration number 07089546, with a registered address at CH65 4DR, England, Ellesmere Port, Rhino House, Deans Road.

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