Hyproc International Ltd

Hyproc International Ltd, based in Uxbridge, UK, is a small, active company established nine years ago. With a single employee and £86,037 in assets, it operates from a real address and is managed by one director and owner. The business regularly imports textile products, sets, used clothing, and rags (for three months), and exports optical and medical tools and devices (for eleven months), the last export operation made on November 01, 2024. The company engages in the wholesale of mining, construction and civil engineering machinery, the wholesale of other machinery and equipment, the wholesale of other fuels and related products, and the non-specialised wholesale trade industries.

The company’s website is currently unavailable, making it difficult to determine the extent of its e-commerce presence. It’s likely the business operates primarily through wholesale channels rather than direct online sales.

Financially, Hyproc International Ltd’s recent performance paints a concerning picture. Current assets have plummeted by a significant 44%, dropping to £86,000, while net assets have experienced an even more dramatic decline of 80%, now standing at just £14,000. Bank borrowings have increased, and cash reserves have shrunk by 30% to £49,000. Creditors have also decreased slightly, suggesting some effort to manage debt, but the overall trend is downward. The company meets two of three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor, common for small companies, means these figures are unaudited.

The sharp decline in equity suggests potential financial strain, possibly due to increased costs or reduced sales. The company’s reliance on a single employee also raises questions about its capacity to handle fluctuating demand. It's possible the company is facing challenges in maintaining profitability, or perhaps it's a temporary setback. The decrease in debtors is a positive sign, but the overall picture is one of a company needing to carefully manage its resources and potentially explore new strategies for growth.

Registered in England/Wales under the registration number 09934760, with a registered address at UB8 1QE, England, Uxbridge, Eagle Court, 9 Vine Street.

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