Happy Dyes Ltd

Happy Dyes Ltd, based in Devizes, UK, is a small, active company founded five years ago in 2019. It's a solo founder operation with one employee and £19,785 in assets. The company has a real address and is led by one director and owner, Bevan Mathew James. It operates an e-commerce site, focusing on retail sales via mail order and the internet.

The company's website showcases a range of dyes and related products, catering to textile enthusiasts and craftspeople. It emphasizes high-quality pigments and comprehensive guides for achieving vibrant and lasting colours. While the site doesn's provide extensive details about the company's history or mission, it does convey a passion for colour and a commitment to customer satisfaction.

Financially, Happy Dyes Ltd presents a mixed picture. Current assets have fallen by 20% to £20,000, while net assets have also declined by 19% to £13,000. Cash bank on hand has dropped significantly by 40% to £13,000. Creditors have decreased by 20%, suggesting improved debt management, however, other creditors have increased by 59%. 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 stay nimble, but the decline in equity could indicate a need for reinvestment. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Happy Dyes Ltd seems to be navigating a period of change. While the e-commerce side appears active, the financial data suggests a need to carefully manage resources and potentially explore new avenues for growth.

Registered in England/Wales under the registration number 12257881, with a registered address at SN10 3DE, Devizes, Wiltshire, 6 Forty Acres Rd.

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