Freight Shop Ltd

Freight Shop Ltd, based in Brighton, UK, is a small, active company founded eleven years ago in 2014. It employs five people and holds £172,286 in assets, operating from a virtual address shared by 143 other companies. The business is run by two directors and one owner. It regularly imports basic metal tools and utensils, with four months of import activity recorded, the last in October 2024.

The company’s website, Freight HHG, showcases a curated selection of household goods, clothing, accessories, beauty products, and food items, with a focus on British-made products and a "Spring Edit" collection. It operates a retail store at 196 High Street, Lewes, BN7 2NS, and emphasizes sustainability and supporting independent makers. The site’s design suggests a focus on lifestyle and aesthetics, appealing to a discerning customer base.

Financially, Freight Shop Ltd presents a mixed picture. Current assets have decreased by 13%, dropping to £170,000, while net assets have fallen by 24%, reaching £54,000. Cash reserves have also declined by 23%, sitting at £140,000. Trade debtors have increased significantly by 690%, suggesting a potential issue with collecting payments, and creditors have decreased by 6.4%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in equity and increase in debtors warrants attention. No auditor is mentioned, indicating an exemption as a small company.

Overall, Freight Shop Ltd appears to be navigating a period of change. While its online presence and product selection are well-developed, the financial data suggests a need to manage cash flow and collections more effectively. The company’s focus on sustainability and British craftsmanship, however, positions it well to appeal to a growing market of conscious consumers.

Registered in England/Wales under the registration number 08987735, with a registered address at BN1 1WN, England, Brighton, 12a Marlborough Place.

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