HANACO LIMITED

Active
Company number 02016096Private limited companyIncorporated 1986

Key figures

£1,960,883+0.6%
Net assets 2024/25
+4.9%
Average annual growth 2020/21–2024/25
0500 k1 m1.5 m2 m2020/212021/222023/242024/25

Like most small UK companies, HANACO LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2024/25

Sector comparison

SIC 46439

Where the company stands among the 1,104 active companies whose first SIC code is 46439 (Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)).

Net assets£1,960,883
Higher than 85% · median £43,374
Total assets£2,946,743
Higher than 81% · median £188,137
Cash£2,473,622
Higher than 94% · median £110,748
Employees10
Higher than 84% · median 1
Company age40.5 years
Older than 90% · median 6.7 years
Largest in this sector by net assets
  1. EDMUNDSON ELECTRICAL LIMITED£437.4m
  2. BSH HOME APPLIANCES LIMITED£120m
  3. STEARN ELECTRIC COMPANY LIMITED£114.8m
  4. MEDLOCK ELECTRICAL DISTRIBUTORS LIMITED£58.1m
  5. DETA ELECTRICAL COMPANY LIMITED£52.6m
  6. MORPHY RICHARDS CONSUMER APPLIANCES LIMITED£31.2m
  7. LUCECO UK LIMITED£29.8m
  8. TT ASIA HOLDINGS LIMITED£29.4m
  9. SMEG (UK) LIMITED£23m
  10. BRG APPLIANCES LIMITED£20.7m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 1,104. The line on each bar marks the median.

Summary: HANACO LIMITED

What kind of company is it?

HANACO LIMITED is a private limited company registered with Companies House under company number 02016096. It was incorporated on 1 May 1986. Its status is active. Its nature of business (SIC 2007) is wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them) (46439).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files small company accounts (filleted). Net assets were £1,960,883, up 0.6% on the previous year. Cash at bank and in hand was £2,473,622. The company had an average of 10 employees. Figures are available for 4 financial years (2020/21–2024/25).

How does it compare with similar companies?

Compared with 1,104 active companies whose first SIC code is 46439: By net assets it ranks higher than 85% of them (median £43,374). By total assets it ranks higher than 81% of them (median £188,137). By cash it ranks higher than 94% of them (median £110,748). By number of employees it ranks higher than 84% of them (median 1). It is older than 90% of them (median age 6.7 years).

Has it received government grants?

It is recorded as the recipient of one central government grant worth £2,000, from HM Revenue & Customs.

What do public registers and reports show?

HMRC lists it as an exporter of goods, mainly electrical equipment.

Who runs and controls the company?

The company has 2 current directors. One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 30 Sep 2027.

Filed accounts2020/21–2024/25
2020/212021/222023/242024/25
Cash at bank and in hand2,273,5202,293,3672,543,3902,473,622
Total assets2,668,5632,706,0963,065,1462,946,743
Total liabilities————
Net assets / total equity1,699,1311,726,9941,948,8711,960,883
Average number of employees991010

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Government grants

1 grant

HANACO LIMITED is recorded as the recipient of 1 central government grant, worth £2,000.

Grant
  1. SME Brexit Support FundHM Revenue & Customs · £2,000

From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.

Registers and licences

International trade‡

Listed by HMRC as an exporter of goods in 2 of the last 12 months on record, most recently December 2025. Main goods: electrical equipment.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

7 events
  1. Financial year 2024/25 endedAccounts: net assets £2m, 10 employees
  2. Financial year 2023/24 endedAccounts: net assets £1.9m, 10 employees
  3. Financial year 2021/22 endedAccounts: net assets £1.7m, 9 employees
  4. Financial year 2020/21 endedAccounts: net assets £1.7m, 9 employees
  5. Dr. Shahram Hanassab registered as a person with significant control
  6. Jahangir HANASSAB resignedDirector
  7. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.