Hutag Ltd

Hutag Ltd from Milton Keynes, UK, is a small, active company founded 26 years ago. With just two employees and £268,778 in assets, it’s a modest operation led by two directors and one owner. The company has a real address and has been importing electrical machinery and equipment for four months, while exporting it for a more substantial 47 months.

HuTag.com specializes in passive GEN2 UHF RFID tags designed specifically for people. Its flagship product, the HuTag XC, reads vertically and horizontally up to eight meters, making it ideal for tracking athletes in sports like triathlon and obstaclemud runs, as well as for security and crowd management. The company, which underwent a rename from Righteous Solutions Ltd in 2024, ships products worldwide and even supplies tags to major timing hardware manufacturers.

Financially, Hutag Ltd’s picture is mixed. While current assets have increased by 73% to £270,000, equity has also risen by 44% to £160,000. However, cash bank on hand has decreased by 25% to £64,000, and creditors have increased significantly, by 79% to £140,000. The company’s average number of employees has doubled to four, which could be a sign of growth, but also potentially a strain on resources. Trade debtors have also increased dramatically, by 3000%, reaching £190,000. As a small company, it's exempt from an audit, so the figures are unaudited. It seems like the company is growing, but also taking on more debt, which could be a concern.

Registered in England/Wales under the registration number 03665346, with a registered address at MK14 5LD, Milton Keynes, Tyringham House, 5 Paddock Close Great Linford.

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