Annie Hood Limited

Annie Hood Limited is a small, active company based in Newcastle Upon Tyne, UK. Founded ten years ago in December 2014, it's a solo founder operation with one director and one employee, holding £78,867 in assets. The company operates in the retail sale via mail order houses or via internet industries and regularly imports clothing and accessories made by knitting or crocheting, with seven months of import activity recorded.

The company's website, Annie Hood, showcases a wide range of clothing items, from t-shirts to hoodies and joggers, available in various colors and sizes. It caters to a UK-wide customer base, offering international shipping options and a currency converter. The site’s design is clean and modern, with easy navigation and a focus on product imagery. It’s a well-designed e-commerce site, and it’s clear that the company is focused on online sales.

Financially, Annie Hood Limited shows a mixed picture. Current assets decreased by 25%, dropping to £79,000, while net assets also fell, reaching -£150,000. Bank borrowings decreased by 67%, down to £1,100, and cash reserves plummeted 98%, leaving just £460. Creditors decreased by 7.8%, suggesting better debt management, but the significant equity drop is concerning. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

The decrease in cash reserves and the negative equity suggest the company might be burning through money, although it's possible this is a temporary situation. The decrease in bank borrowings is a positive sign, but the overall financial picture requires careful monitoring. It’s a small company, and these fluctuations are not unusual, but it’s important to see if the company can improve its financial performance in the coming year.

Registered in England/Wales under the registration number 09340558, with a registered address at NE2 3NX, Newcastle Upon Tyne, Annie Hood Ltd, Ilford Road.

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