Ngoc Hung Ha Ltd

Ngoc Hung Ha Ltd is a small, active company based in London, UK, founded two years ago in 2022. It operates from a real address and is led by one director and owner. The company is an irregular exporter, with its top export categories including Footwear and related items, totaling 2 months of exports, the last operation taking place on July 01, 2023. It engages in a diverse range of activities, including acting as agents for various goods, retail sales via mail order and internet, and providing business support services.

The company’s website reveals a broader operation: a distributor and retailer of industrial and household equipment. The site showcases a wide array of products, from power tools and water pumps to safety gear and construction machinery. It also highlights services like piano restoration and disaster recovery, suggesting a diverse portfolio of business activities. The site emphasizes quick shipping and customer support, hallmarks of a modern e-commerce business.

Financially, Ngoc Hung Ha Ltd presents a mixed picture. While it meets the criteria for a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), its financial data reveals some concerning trends. Net assets remained steady at £100, while bank borrowings stayed at -£100. Cash reserves were steady as well. Trade debtors were steady, and creditors were steady. The lack of employees (zero reported) suggests a lean operation, and the unaudited figures rely on director-reported data.

Overall, Ngoc Hung Ha Ltd appears to be a small, agile company navigating a competitive market. While its financials don't show dramatic growth, they also don't indicate immediate crisis. It’s a company that seems to be holding its own, but it will need to continue adapting to market conditions to ensure long-term sustainability.

Registered in England/Wales under the registration number 14488108, with a registered address at SE8 3BU, England, London, 133 Creek Road.

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