Hubble Composites Limited

Hubble Composites Limited, operating from Spaces Wing in London, is a small, active company founded six years ago. With two employees and £531,092 in assets, it’s a solo-founded venture led by a single director and owner, Patel Aditya. The company regularly imports plastics and plastic products, with recent activity recorded in September 2024.

The company’s website, gRP Wholesale, positions itself as a supplier of high-quality GRP products, targeting projects in construction, oil & gas, marine, power, rail, solar, water treatment, and wind industries. It emphasizes direct pricing, unrivaled quality, and perks for repeat customers. The site also features a free guide on avoiding mistakes when buying GRP gratings, and a section for end customers of GRP products. It’s clear they are aiming to build a strong brand reputation.

Financially, Hubble Composites Limited shows a mixed picture. Cash bank holdings increased significantly by 160% to £160,000, a positive sign. However, creditors rose by 130% to £450,000, and trade debtors increased by 120% to £290,000, suggesting potential challenges in managing cash flow. Equity grew by 21% to £86,000, and final dividends paid increased by 110% to £22,000. The company’s small size (meeting two of three conditions for being a small company) helps with agility, but the increase in creditors warrants attention. The lack of an auditor mentioned (likely exempt due to its size) means the figures are unaudited.

Overall, Hubble Composites Limited seems to be growing, but managing its debts will be key to its long-term health. The company’s focus on GRP wholesale and its online presence suggest a targeted approach, but the financial data indicates a need for careful monitoring.

Registered in England/Wales under the registration number 11614375, with a registered address at W6 7AE, United Kingdom, Spaces Wing, London, 12 Hammersmith Grove.

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