Hand And Jones Ltd

Hand And Jones Ltd, based in Rye, UK, is a small, active company founded five years ago in 2020. With a single employee and £103,163 in assets, it operates from a virtual address shared by seventeen other companies – a bit odd, really. The company is owned by Hand Graham and Jones Michael, and directed by Hand Graham. It runs an e-commerce site selling menswear, specializing in underwear and swimwear made from knitting or crocheting. They import these items irregularly, with the last import activity recorded one month ago in August 2020.

The website, Hand and Jones, showcases a range of men’s underwear and swimwear, emphasizing quality and modern design. They offer various styles, from classic briefs to trendy trunks, and even collaborate with local illustrators. The site is well-designed and user-friendly, suggesting a focus on the online retail experience.

Financially, Hand And Jones Ltd presents a mixed picture. Cash bank on hand has increased significantly by 670% to £2,300, which is good news. However, creditors have risen by 6.7% to £360,000, and net assets have decreased by 9.5% to -£260,000. The company’s small size (meeting two of three conditions for a small company) helps it stay flexible, but the decrease in equity is a concern. The company is exempt from an audit, so the figures are unaudited.

It’s clear that Hand And Jones Ltd is a small operation navigating the challenges of e-commerce. The increase in cash is positive, but the rising debt and decreasing equity suggest that the company is burning through money. Whether they can turn things around remains to be seen, but their focus on quality and online presence gives them a fighting chance.

Registered in England/Wales under the registration number 12399041, with a registered address at TN31 7LJ, England, Rye, East Sussex, Landgate Chambers.

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