Hughes It Support Limited

Hughes IT Support Limited, based in Aylesbury, UK, is a small, active company established fifteen years ago. With two employees and £56,035 in assets, it’s a modest operation managed by three directors and a single owner, Philip Hughes. The company’s registered address is real, with only one other business sharing the same location. Hughes IT Support primarily operates as an irregular importer, specializing in optical and medical tools and devices, with the last import occurring over two years ago.

The company's website paints a picture of a local tech support provider catering to both businesses and consumers in Buckinghamshire and the surrounding home counties. They offer a wide range of IT services, from Mac and PC installation and support to data recovery and cloud computing solutions. Notably, they specialize in Apple products and offer services like piano restoration, and even sell a variety of products including Canon printers and Draytek routers. Their website emphasizes extensive experience and a commitment to customer service, with glowing testimonials from satisfied clients.

Financially, Hughes IT Support Limited shows a mixed bag. Current assets have fallen by a significant 30% to £56,000, while net assets have also decreased by 38% to £26,000. Bank borrowings have been reduced by 14% to £15,000, and cash reserves have fallen by 19% to £45,000. Creditors have also decreased, suggesting improved debt management. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the decline in equity raises some concerns. As a small company, they are exempt from an audit, so the financial statements are unaudited.

Overall, Hughes IT Support Limited appears to be navigating a period of financial adjustment. While the business seems to be well-regarded locally and offers a diverse range of services, the declining asset base suggests a need to carefully manage expenses and potentially explore new revenue streams.

Registered in England/Wales under the registration number 06997060, with a registered address at HP22 5EL, Aylesbury, Buckinghamshire, 1 Church Farm Close, Bierton.

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