Hubbard Products Limited

Hubbard Products Ltd from Ipswich UK: a large company, holding company, active status, founded 18 years ago, 179 employees, £12,138,514 assets, real address, 6 directors, 2 owners, google rating 4.0 based on 42 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (270 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (64 months exported). Hubbard Products Ltd operates in the manufacture of non-domestic cooling and ventilation equipment industries, and has earned a global reputation for innovation and excellence in refrigeration design.

The company’s website showcases a wide range of commercial cooling equipment, from cellar cooling units to heat recovery systems. It appears to be primarily an informational site, providing detailed product specifications and technical documentation. There’s no obvious e-commerce functionality—customers likely purchase through distributors or directly with sales representatives. The website emphasizes compliance with data protection regulations, including a cookie policy and links to their data protection policy.

Financially, Hubbard Products Ltd presents a mixed picture. While assets remain substantial at £12,138,514, key indicators suggest some financial strain. Net assets dropped by 11%, to £12,049,906, and net losses deepened to -£2,626,864. Bank borrowings surged by 2,400%, reaching £26,000, and cash reserves fell 100% to zero. Creditors decreased by 18%, suggesting better debt management. The company’s large size (meeting two of three criteria for a large company) helps it maintain a strong market presence, but the sharp equity drop raises questions. BDO LLP conducted the audit.

The company’s continued import and export activity, with a focus on machinery and parts, indicates a robust supply chain. However, the increase in borrowings and decline in cash reserves suggest a need to carefully manage finances. The presence of six directors and two owners, while providing stability, could also lead to slower decision-making. Overall, Hubbard Products Ltd appears to be a well-established company facing some financial challenges, but its reputation and product range position it for continued success.

Registered in England/Wales under the registration number 06217134, with a registered address at IP3 9SQ, England, Ipswich, Suffolk, 4 Crane Boulevard.

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