After the dramatic collapse of Huboo Technologies Limited (now Hub Realisations Limited Company number 09727464), a new company—Huboo Tech Limited—has taken its place. The new entity maintains the same business model and leadership structure yet its ability to succeed remains uncertain because another financial collapse seems inevitable.
Same Business Model, Same Risks?
Huboo Technologies Limited (now Hub Realisations Limited Company number 09727464) encountered financial difficulties from its inception and accumulated substantial annual losses.
2022: £47,108,825 in losses.
2021: £13,389,157 in losses.
2020: £3,539,804 in losses.
The company maintained an aggressive expansion strategy despite its ongoing financial difficulties. The lack of fundamental changes makes it uncertain whether Huboo Tech Limited will prevent the same financial downfall.
Challenges Facing Huboo Tech Limited
The new company encounters multiple significant risks which threaten its operation.
Customer Distrust: Many businesses were burned by Huboo’s sudden collapse—will they return?
Investor Caution: With £118 million lost in the previous venture, will new investors take the risk?
Financial Viability: Does Huboo Tech Limited have a sustainable plan, or will it fall into the same debt trap?
What Needs to Change?
Huboo Tech Limited needs to achieve success through the following strategies:
Adopt a profit-first business strategy.
The company must maintain complete transparency regarding its financial condition to both customers and investors.
The company needs to develop a planned growth strategy instead of pursuing rapid expansion.
Conclusion
Huboo Tech Limited has received a damaged business legacy from its predecessor. The company faces a high probability of repeating past errors unless it implements major changes. The future remains uncertain because it is unclear whether the company will transform or follow the same pattern as before.
