Happy To Buy Ltd

Happy To Buy Ltd, based in Southampton, UK, is a small, active company founded four years ago. It operates an e-commerce site and employs just one person, holding £26,191 in assets. The company, owned and directed by De Filippo Matteo, has a real address and meets the criteria for a small business, with turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It specializes in retail sales via mail order and online, offering a wide range of sweets and confectionery.

The company’s website, Happy Candy UK, is a vibrant online store showcasing a vast selection of sweets, including retro classics, American imports, and seasonal treats. The site is well-organized, with clear categories and a user-friendly interface, and features a blog with product news and promotions. It’s clear the business is focused on e-commerce, with a strong emphasis on online sales and marketing.

Financially, Happy To Buy Ltd’s recent performance presents a mixed picture. Cash bank on hand has declined by a significant 56%, falling to £3,800. Creditors have increased substantially by 73%, reaching £19,000, while debtors have jumped to £9,700. Equity, however, has improved dramatically, rising from a negative -£2,200 to £7,600. Payments on account inventories have also increased to £13,000. Bank borrowings remain steady at £11,000. The company’s small size allows for agility, but the fluctuating creditor and debtor figures suggest potential cash flow challenges. With no auditor mentioned, the financial statements are unaudited.

Overall, Happy To Buy Ltd appears to be a small, growing e-commerce business navigating the typical ups and downs of a startup. While the decline in cash reserves is a concern, the positive changes in equity and the active website suggest the company is working to establish itself in the competitive online sweets market.

Registered in England/Wales under the registration number 12992834, with a registered address at SO15 1GA, United Kingdom, Southampton, Hampshire, Oceana House, First Floor, 39-49 Commercial Road.

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