Handcraft Belts Uk Limited

Handcraft Belts Uk Limited, based in London, is a small, active company founded six years ago in 2019. Despite a perfect 5.0 Google rating from five reviews, the company is facing some challenges, with accounts overdue for three years and confirmation statements overdue for four. It’s a solo-founded operation, managed by a single director and owner, Grancharov Lyudmil, and operates from a real address with only one other company registered there. The business primarily engages in retail sales via mail order and the internet.

The company's website, while not provided, likely features a selection of handcrafted belts and accessories. It probably emphasizes quality materials and traditional craftsmanship, appealing to customers seeking unique and durable products. It’s likely an ecommerce business, with online ordering and shipping as core functions.

Financially, Handcraft Belts Uk Limited presents a mixed picture. Cash reserves are minimal, sitting at just £150, while equity is £150. Net assets and liabilities are also a mere £150. While the company is exempt from an audit, the lack of substantial cash and the negative retained earnings suggest a tight budget. Trade debtors have increased, which could mean customers are taking longer to pay. The company meets the criteria for a small company, with turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

It's clear that Handcraft Belts Uk Limited is a small operation navigating early-stage financial pressures. The company's focus on handcrafted goods and positive online reviews suggests potential for growth, but managing cash flow will be key to its long-term success.

Registered in England/Wales under the registration number 11795302, with a registered address at E17 4JT, United Kingdom, London, 11 Victoria Road.

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