Swarco Hitex Ltd

Swarco Hitex Ltd, based in Cheshire, UK, is a sizable company holding company with an active status. Established 23 years ago, the firm employs 31 people and manages assets totaling £11,347,158. Yearly revenue reaches £22,864,409, demonstrating a strong financial performance. The company is led by one director and owned by Hitex Holdings Ltd. It boasts a Google rating of 4.0 based on 11 reviews, indicating customer satisfaction. Swarco Hitex regularly imports tanning and dyeing products (43 months) and exports plastics and plastic products (170 months).

The company operates within the specialised construction activities sector, focusing on road marking, signage, urban traffic management, parking, and highway/tunnel management. Its website highlights a commitment to “mobility of the future,” showcasing solutions for urban mobility, connected driving, sustainable mobility, and more. The site also features products like road marking systems, barriers, electronic signs, and charging stations, alongside industrial blasting media and filter beads. It’s clear Swarco is more than just a manufacturer; it's a provider of integrated mobility solutions.

Financially, Swarco Hitex shows a mixed bag. While revenue increased by a healthy 18%, net assets grew by a more modest 26%. Cash bank on hand increased by 22%, which is good, but bank borrowings also increased, suggesting the company may be leveraging debt to fuel growth. Creditors decreased by 38%, which is a positive sign of improved financial management. The company’s average number of employees increased by 19%, which could indicate expansion or increased workload. A significant increase in administrative expenses (2.9%) suggests rising operational costs. The company's auditor is Haines Watts.

The sharp rise in deferred tax (180%) is a notable trend, possibly reflecting changes in tax legislation or accounting practices. The company’s size (meeting two of three criteria for a large company) allows it to operate on a larger scale, but the fluctuating financials suggest it’s navigating a dynamic market.

Registered in England/Wales under the registration number 04371466, with a registered address at CH65 4EL, Cheshire, Cloister Way, Ellesmere Port.

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