Hitec Exports Limited

  • Active
  • Small
  • 23 years
  • 0 employees
  • £947,196 (cur assets)
  • 1m-15m
  • Irregular importer
  • Regular exporter
  • Real address
  • 1 director
  • 1 owner
  • Solo founder
  • Liverpool

Field of Operation

Wholesale of electronic and telecommunications equipment and parts
46520 7607 companies

Website

Summary

Hitec Exports Ltd, based in Liverpool, UK, is a small, active company founded 21 years ago in 2003. With four employees and £723,467 in assets, it’s a solo-founded operation managed by a single director and owner. The company has a real registered address and operates as a regular exporter of machinery, boilers, and mechanical appliances, with 762 months of export activity recorded, the latest in February 2025. Conversely, it's an irregular importer of similar parts, with just two months of import activity recorded, the last in October 2023.

The company's website highlights its focus on electrical power solutions, supplying engines, generators, SATEC power meters, and UPS systems. It caters to customers in Eastern Europe and CIS, distributing products from leading manufacturers. The website emphasizes supply chain optimization, storage, delivery, logistics, and consultancy services—suggesting a broader range of offerings beyond just product sales. It’s a wholesale business operating in the electronic and telecommunications equipment and parts industries.

Financially, Hitec Exports Ltd presents a mixed picture. Current assets have fallen significantly by 65%, dropping to £720,000, while net assets have declined by 33%, settling at £520,000. Cash reserves have also taken a hit, decreasing by 30% to £220,000. Trade debtors have seen a substantial drop, falling 72% to £400,000, which could indicate improved collection efforts. However, creditors have also decreased by 84%, to £200,000, which might suggest a reliance on supplier credit. The company meets two of the three criteria for being classified as small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), and it is exempt from an audit.

Overall, Hitec Exports Ltd appears to be navigating a period of financial adjustment. While the decline in assets and cash reserves is concerning, the reduction in debt suggests a focus on financial stability. The company's long-standing presence and focus on specialized equipment indicate a potential for continued success, though it will need to carefully manage its finances to ensure long-term viability.

Registered in England/Wales under the registration number 04782890, with a registered address at L3 9DG, United Kingdom, Liverpool, Merseyside, Bulloch House, 10 Rumford Place.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

Owners & PSC

  • 4 years
  • 2
  • 75%+

Managers

  • 23 years
  • 3
Managing director

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Confirmation statement made on 2025-11-23 with no updates
  2. Total exemption full accounts made up to 2024-12-31
  3. Confirmation statement made on 2024-11-23 with no updates

Importer profile by HS codes

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Last imported products

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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

Exporter profile by HS codes

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Last exported products

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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

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