Hywra Limited

Hywra Limited is a small, active company based in Derby, UK, founded seven years ago in 2017. With £152,493 in assets and a real registered address, it’s a family business run by two directors and two owners. The company operates an e-commerce site and employs a small team, meeting two of three conditions to be classified as small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The address is likely virtual, as 263 companies are registered there.

The company’s website, Hyra, focuses on plant hire for the construction and industrial sectors. It positions itself as a specialist, offering a simple way to hire equipment like dumpers, excavators, and telehandlers. The site emphasizes speed, cost savings, and expert advice, targeting trade customers. It boasts a plug-in hire system, direct debit account opening, and nationwide delivery. It also highlights a focus on sustainability, advising customers on greener solutions and calculating carbon emissions.

Financially, Hywra Limited shows a mixed picture. Cash bank on hand has increased dramatically, jumping 5500% to £150,000, which is good. However, debtors have plummeted 100%, dropping to just £100—a significant change. Net assets and current assets have both decreased slightly, by 0.43% and 0.22% respectively. Creditors have also decreased by 58%, and loans from directors have increased. The company is exempt from an audit, so the figures are unaudited.

Overall, Hywra Limited appears to be navigating a period of change. The significant increase in cash reserves suggests a recent influx of funds, but the decrease in debtors could indicate issues with customer payments. It’s a small company with a niche focus, but the financial data suggests it’s facing some challenges.

Registered in England/Wales under the registration number 10921460, with a registered address at DE1 3BB, England, Derby, 1 Duffield Road.

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