Hultafors Group Uk Limited

Hultafors Group Uk Ltd, based in Holmfirth, UK, is a sizable holding company with an active status, having operated for 39 years. Employing 30 individuals and boasting assets of £6,341,240, the company generated £16,068,432 in revenue last year. With a real address and three directors, the company is owned by one individual, and currently holds a 3.0 rating on Google based on four reviews. It regularly imports and exports clothing and accessories, not knitted or crocheted, with 262 months of import activity and 9 months of export activity recorded.

The company operates as a wholesale distributor, and its website showcases a range of safety equipment, particularly hearing and eye protection. It’s clear that Hultafors Group Uk Ltd serves as the UK arm of a larger Swedish parent company, Hultafors Group Ab. The website highlights products like electronic and passive hearing protection, visors, and safety glasses, catering to industrial and commercial users. It also features a “Safety Hub” app for managing connected products and a section dedicated to Bluetooth technology. The site also promotes a range of other brands, including Snickers Workwear and Solid Gear Footwear.

Financially, the company appears to be in a relatively stable position, though with some concerning trends. Current assets increased by 1.5% to £6,300,000, while net assets saw a significant jump of 48% to £3,200,000. Bank borrowings decreased by 2,400%, a positive sign, and cash reserves increased by 42% to £3,100,000. However, trade debtors decreased by 19%, suggesting potential issues with customer payments. Director remuneration increased by 28%, reflecting an increase in leadership compensation. The company meets the criteria for a large company, having met two of three conditions: turnover over £36 million, balance sheet total over £18 million, and more than 250 employees. The lack of an auditor mentioned suggests it’s exempt from full auditing requirements.

Overall, Hultafors Group Uk Ltd seems to be a well-established distributor with a strong brand presence. The increase in net assets and cash reserves are encouraging, but the decrease in trade debtors warrants further investigation. The company’s position as a subsidiary of a larger Swedish group likely provides stability and access to resources, but it’s important to monitor its financial performance closely.

Registered in England/Wales under the registration number 01952599, with a registered address at HD9 4DS, Holmfirth, West Yorkshire, Unit N3, Meltham Mills Industrial Estate.

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