H & J Pure Scarf Ltd

H & J Pure Scarf Ltd, based in Manchester, UK, is a small, active company founded four years ago. It employs just one person and holds £13,366 in assets, operating from a real address within Eton Business Park. With one director and one owner, the company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances – parts, with the last import activity recorded one month ago in September 2024. The business operates in the wholesale of textiles and retail sales via mail order and internet, as indicated on its website.

The website, hjpurescarf.com, showcases a wide range of scarves, shawls, and accessories, catering to various countries and regions with currency conversion options. It emphasizes competitive pricing and a diverse selection, highlighting its commitment to serving a global customer base. The site’s design is functional, prioritizing product visibility and ease of navigation, with a focus on clear product descriptions and secure payment options.

Financially, H & J Pure Scarf Ltd presents a concerning picture. Current assets have significantly decreased by 30%, dropping to £13,000, while net assets have plummeted by a staggering 4000%, resulting in a negative balance of -£30,000. Bank borrowings have increased, and cash reserves have fallen considerably. Although the company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the sharp decline in equity raises questions about its financial health. The unaudited nature of the accounts, combined with the lack of an auditor mentioned, adds to the uncertainty. The company’s trade debtors are also a concern, with a slight increase.

Overall, H & J Pure Scarf Ltd appears to be facing financial challenges despite its active trading status and online presence. The company’s future hinges on its ability to stabilize its finances and adapt to the competitive market.

Registered in England/Wales under the registration number 13327374, with a registered address at M26 2ZS, England, Manchester, Eton Business Park. Unit 22 Eton Hill Road, Radcliffe.

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