Humax Electronics Co. Ltd

Humax Electronics Co. Ltd, based in Belfast, UK, is a large holding company with an active status, having been incorporated 28 years ago in March 1997. Despite employing just 13 people, the company holds significant assets, totaling £11,409,492, and generates a yearly revenue of £30,925,586. It operates from a virtual address, a point of interest as sixty nine companies are registered at the same location, and is overseen by three directors and three owners. Google users rate it 4.0 stars based on three reviews. The company regularly imports electrical machinery and equipment, with 160 months of import activity recorded.

The company’s activities seem centered around other service activities n.e.c., and it’s a regular importer, with its top import category being Electrical machinery and equipment. It's unclear if Humax Electronics Co. Ltd operates an e-commerce site directly, but its financial data provides a more detailed picture.

Financially, the company's situation is mixed. Current assets have decreased by 44%, dropping to £11 million, while net assets have increased by 67%, reaching £2.7 million. Bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s turnover revenue has decreased by 42%, dropping to £31 million. It’s interesting to note that the company’s significant assets and revenue, despite its small size (meeting two of three criteria for a large company), could indicate a holding company structure, perhaps investing in or managing other businesses. The lack of an auditor mentioned suggests the company is exempt as a small company.

Overall, Humax Electronics Co. Ltd appears to be a stable, if somewhat lean, operation. The decrease in turnover revenue could be attributed to various factors, such as changing market conditions or increased competition. However, the company's strong asset base and improved net assets suggest it is well-positioned for future growth, although the increase in bank borrowings is something to keep an eye on.

Registered in Northern Ireland under the registration number NI032153, with a registered address at BT2 8LA, Northern Ireland, Belfast, Forsyth House, Cromac Square.

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