H2k Limited

H2k Ltd from Harrogate UK: a small, active company founded 24 years ago, employs five people, and holds £240,541 in assets. It’s a solo-founded operation with one director and owner, operating an e-commerce site. The company regularly imports and exports soaps, cleaning products, and waxes—81 months of imports and 19 months of exports recorded.

The company's website, H2k Botanicals, showcases a wide range of skincare, hair care, and home fragrance products. It emphasizes vegan ingredients, ethical sourcing, and natural aromatherapy—a clear focus on the wellbeing market. The site offers free delivery over £40 and a variety of bundles and gift sets, catering to a diverse customer base. It's a modern e-commerce operation with a blog and a focus on customer reviews.

Financially, H2k Ltd presents a mixed picture. Accumulated depreciation on plant and machinery increased by 4.6%, while the number of employees decreased by 20% to four. Bank overdrafts decreased significantly by 22%, and cash reserves grew substantially by 83% to £95,000. However, creditors increased by 16%, and trade debtors decreased by 9.1%. Equity grew by 2.7%, and net assets also increased by the same percentage. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The decrease in employees could reflect a shift in operations or a cost-cutting measure. The increase in cash reserves is a positive sign, suggesting improved cash flow management. However, the rise in creditors warrants attention—it’s something to keep an eye on.

Registered in England/Wales under the registration number 04080634, with a registered address at HG1 2TJ, England, Harrogate, North Yorkshire, 10/11 Montpellier Parade.

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