The Hive Operations Ltd

The Hive Operations Ltd, based in London, UK, is a small holding company with an active status, established thirteen years ago in 2012. With five employees and £374,626 in assets, it operates from a virtual address – a point of concern as 1997 other companies are registered at the same location. The company is led by two directors and has one owner, although the owner list may not be exhaustive. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with just one month of imports recorded in 2023.

The company’s website showcases its primary function: providing facilities for football pitches, wedding events, and stadium hire. It’s home to Barnet FC and London Bees, boasting Europe’s largest football facility with FIFA-approved pitches. The site also promotes a gym, café, medical centre, and foundation, alongside residential teams and parking details. It’s a multifaceted venue, catering to sports, events, and celebrations, with options for filming and corporate use. The website has a few broken links, which is a bit unprofessional.

Financially, The Hive Operations Ltd shows a concerning trend. Current assets have plummeted by 72%, dropping to £370,000, while net assets have also decreased by 17%, settling at £110,000. Bank borrowings have increased significantly, and cash reserves have declined, suggesting the company is burning through money. Creditors have also decreased, which is a positive sign, but the overall picture is one of financial strain. The company’s small size – meeting two of three criteria for a small company – might offer some agility, but the sharp decline in equity is a worry. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, The Hive Operations Ltd appears to be facing financial challenges, despite its prominent role in London’s sports and events scene. The company’s reliance on event revenue and its irregular import activity may be contributing to these pressures.

Registered in England/Wales under the registration number 08007482, with a registered address at N21 3NA, United Kingdom, London, 1 Kings Avenue.

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