Happy Woody Limited

Happy Woody Limited is a small, active company based in London, UK, founded five years ago in 2019. The company, with just two employees, holds £31,814 in assets and operates from a virtual address—a detail flagged by the registration of 752 other companies at the same location. It's a solo founder operation, managed by a single director and owner, Ulus Ahmet. Happy Woody Limited runs an e-commerce site specializing in nursery decoration products, including wooden figures, letters, and shelves, catering to both retail and wholesale customers. It's a regular importer of miscellaneous manufactured goods, with eight months of import activity recorded, the last in October 2023.

The company’s website, happywoody.co.uk, showcases a wide range of products designed to brighten children's rooms, from cloud shelves and night lights to wall decals and handmade wooden toys. It even offers a selection of bedding sets and bathrobes. The site emphasizes high-quality, durable, and healthy wooden products, appealing to parents seeking safe and stylish décor for their children. It also highlights the company's Turkish roots, noting that it’s an extension of the Ahsap Mahzeni brand, with a new online shop bringing "new decorative colorful ideas for kids’ rooms."

Financially, Happy Woody Limited is facing some challenges. Current assets have decreased by 34% to £32,000, while net assets have plummeted 81% to just £4,600. Bank borrowings have also dropped by 33%, reaching £22,000, and cash reserves have fallen 68% to £10,000. Creditors decreased by 33%, which is a positive sign, but the sharp decline in equity is concerning. 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 significant equity drop raises questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Happy Woody Limited is navigating a period of financial strain despite its appealing product range and online presence. The company's ability to maintain its growth and profitability will depend on its ability to manage its costs and attract new customers—or perhaps find a way to boost sales.

Registered in England/Wales under the registration number 12337795, with a registered address at N16 9BS, England, London, 17 Green Lanes.

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