Hairy Worm Limited

Hairy Worm Limited, based in Thornton Cleveleys, UK, is a small, active company established twelve years ago in May 2012. With eleven employees and £916,368 in assets, it operates from a virtual address—a point worth noting as fifty-three companies share the same address. The business is owned and directed by Holden Nigel David and Bradshaw Katie Michelle, who also serve as directors. Hairy Worm Limited runs an e-commerce site specializing in personalized gifts, particularly photo-based products. It regularly imports leather goods, travel bags, and animal harnesses, with the most recent import activity recorded in December 2024.

The company’s website showcases a wide range of products, from personalized phone cases and mugs to doormats and tablet cases. It emphasizes easy design tools, fast UK delivery, and quality assured products—a common strategy for online retailers. The site also features a customer review section, highlighting positive feedback on product quality and service.

Financially, Hairy Worm Limited's recent report reveals some concerning trends. Current assets decreased by 18% to £920,000, while net assets experienced a significant drop of 26%, settling at £430,000. Bank borrowings increased by 10%, reaching £81,000, and cash reserves dwindled by 53%, leaving just £210. Trade debtors also increased by 170%, suggesting potential issues with customer payments. Despite these challenges, creditors decreased by 46%, which is a positive sign. 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 agility, but the decline in equity warrants closer attention. As a small company, it's likely exempt from an audit, meaning the figures are unaudited.

Overall, Hairy Worm Limited appears to be navigating a period of financial pressure. While its e-commerce operation seems active and well-positioned, the recent financial data suggests a need for careful management and potentially, a review of its business strategy.

Registered in England/Wales under the registration number 08059428, with a registered address at FY5 5HT, Thornton Cleveleys, Lancashire, 17 Victoria Road East.

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