Hustler Equipment Uk Limited

Hustler Equipment Uk Limited, based in Portsmouth, UK, is a small holding company with an active status, established five years ago in 2019. The company, managed by one director and owner, employs four people and holds £1,756,917 in assets. It operates from a virtual address, registered at a shared office space, which suggests a lean operation. The business regularly imports machinery, boilers, and mechanical appliances, parts, with 25 months of import activity recorded, the last in October 2024. It also exports similar items, though less frequently, with just three months of export activity, the last in April 2023.

The company’s website is unavailable, making it difficult to assess its online presence and customer engagement. It’s unclear if they operate an e-commerce site or rely on wholesale channels. However, the company operates in the manufacture of agricultural and forestry machinery other than tractors industries.

Financially, Hustler Equipment Uk Limited’s recent performance reveals some concerning trends. While cash reserves have shrunk by 38% to £120,000, bank borrowings have increased significantly. Trade debtors have surged by a whopping 110%, suggesting potential issues with customer payments or a deliberate strategy to extend credit terms. Creditors have also increased, although not as dramatically, and net assets have plummeted 630%, indicating a substantial equity loss. Finished goods have decreased by 47%, and raw materials by 64%, which could be a result of supply chain issues or a shift in business strategy. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for agility. The absence of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Hustler Equipment Uk Limited appears to be navigating a period of financial strain. The increase in debtors and decrease in cash reserves suggest a need for improved cash flow management. While the company’s core business of importing and exporting machinery remains active, the financial data raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 12337354, with a registered address at PO6 3EN, England, Portsmouth, C/O Smooth Accounting Limited Building 1000 Lakeside North Harbour, Western Road.

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