Platform Hg London Limited

Platform Hg London Limited is a small, active company based in Orpington, UK, founded three years ago in 2021. With £440,841 in assets and a virtual address, it employs four people and is managed by a single director and owner, Healy Tracy. The company is a regular importer of jewelry, precious stones, and metals, with six months of import activity recorded, the latest in October 2024.

The company’s website, Platform Home Ownership, focuses on providing shared ownership and rent-to-buy housing options. It offers a range of new build homes across various locations, catering to first-time buyers and those seeking affordable home ownership. The site highlights its support services, including mortgage calculators and staircasing guides, and features buyer stories and news updates. It’s clear they are focused on helping people get on the property ladder, offering a variety of schemes and locations.

Financially, Platform Hg London Limited shows some interesting trends. While current assets increased slightly by 4.3% to £440,000, net assets grew by a more substantial 29% to £130,000. Bank borrowings remained steady at £48,000, and cash reserves dipped slightly to £2,000. Creditors decreased by 33%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 30 employees) allows it to be agile, but the increase in net assets is a positive sign. There is no auditor mentioned, likely due to being exempt as a small company, so the figures are unaudited.

Overall, Platform Hg London Limited appears to be financially stable and growing, with a clear focus on providing affordable housing options. The growth in net assets and decrease in creditors are encouraging signs, although the slight dip in cash reserves is something to keep an eye on. It seems they are doing a good job of managing their finances while expanding their reach in the shared ownership market.

Registered in England/Wales under the registration number 13464081, with a registered address at BR6 0JE, England, Orpington, 39 High Street.

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