The Hub Audio Visual Limited

The Hub Audio Visual Ltd from London UK is a small holding company, currently active, and celebrating twelve years since its founding in 2012. With five employees and £712,175 in assets, it operates from a virtual address – a point worth noting as 197 companies are registered at the same location. The company is led by two directors and has one owner, and enjoys a perfect 5.0 Google rating based on four reviews. It's an irregular importer, primarily dealing with electrical machinery and equipment, with its last import operation occurring two months ago in February 2022.

The company’s website, while not providing extensive details, suggests a focus on audio-visual equipment retail, operating within specialised stores. It’s likely the company operates primarily through online sales, but further investigation would be needed to confirm.

Financially, The Hub Audio Visual Ltd presents a mixed picture. Current assets have increased by a substantial 49%, reaching £710,000, while bank borrowings have decreased by 36%, falling to £9,800. Creditors have risen significantly by 55%, reaching £640,000, which could indicate increased purchasing activity. Cash reserves have grown by 40%, reaching £540,000, suggesting improved liquidity. The company’s small size – meeting two of three criteria for a small company – allows for flexibility, but the rise in creditors warrants attention. Despite a surge in trade debtors, suggesting delayed customer payments, the company’s net assets have grown by 7.4% to £96,000. As a small company, it is exempt from an audit, so the figures are unaudited. The company’s dividend per share increased by 50% to £1,500. The company’s main focus is to continue being a specialist in audio-visual system design and installation.

Registered in England/Wales under the registration number 08220984, with a registered address at N13 5RY, United Kingdom, London, 590 Green Lanes.

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