Hyperama Plc

Hyperama Plc from Nottingham UK: a large, active company founded 33 years ago, employs 225 people, and has a real address. It's a family business with four directors and two owners, regularly importing prepared or preserved plant-based foods (834 months) and exporting miscellaneous food products (28 months).

The company operates in the non-specialised wholesale of food, beverages and tobacco industries. Officially, it has two owners and four directors. Its financial data reveals some interesting trends. While cash reserves increased by a substantial 160%, reaching £1.1 million, net assets decreased by 10% to £17 million. Bank borrowings surged by 56% to £6.2 million, and trade debtors increased by 22% to £6.4 million. Creditors, however, decreased by 18%, suggesting improved debt management. The company’s turnover is estimated to be around £36 million, and its balance sheet total exceeds £18 million, confirming its classification as a large company.

The company’s website is not available, so it's difficult to determine if it operates as an e-commerce business. The lack of a website could mean it relies on direct sales or partnerships with retailers.

Financially, Hyperama Plc shows a mixed picture. The increase in cash reserves is positive, but the decrease in net assets and the rise in bank borrowings are concerning. It’s possible that the company is investing in growth, but it’s also possible that it’s facing financial pressures. The lack of an auditor mentioned suggests the company is exempt from an audit, and the financial statements are unaudited. The company’s success will likely depend on its ability to manage its debt and maintain its import and export operations. The company's financial statements were audited by PKF Smith Cooper Audit Limited.

Registered in England/Wales under the registration number 02667340, with a registered address at NG7 2UT, Nottingham, Nottinghamshire, Hyperama Buildings, Bull Close Road.

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