Happythreads (uk) Ltd

Happythreads (uk) Ltd, based in Enniskillen, Northern Ireland, is a small, active company founded five years ago in 2019. With three employees and £762,646 in assets, it operates as an e-commerce site specializing in the retail sale via mail order houses or via internet. The business, led by two directors and a solo founder, regularly imports clothing and accessories—excluding knitted or crocheted items—with 68 months of import activity recorded, the latest in January 2025. The registered address is a real address, shared by just one other company.

The company’s website, Scrubs UK, focuses on healthcare uniforms, particularly scrubs. It offers a wide range of styles, sizes, and colours for men, women, and unisex, catering to professions like nursing, dentistry, and veterinary care. The site emphasizes quality, 90-day returns, in-house embroidery, and secure payments—all hallmarks of a modern online retailer. It also features a "Limited Edition" collection and a blog section, suggesting an effort to engage customers and build brand loyalty.

Financially, Happythreads (uk) Ltd presents a mixed picture. Current assets have increased significantly, jumping 160% to £760,000, while cash bank on hand has also risen 36% to £14,000. However, creditors have increased dramatically, surging 350% to £550,000—a potential cause for concern. Trade debtors have decreased by 33%, which could indicate improved collection practices. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the rise in creditors warrants close monitoring. The accounts are abridged and unaudited, and no auditor is mentioned.

Overall, Happythreads (uk) Ltd appears to be growing, but the increase in debt suggests it's potentially burning through money. The focus on a niche market—healthcare uniforms—and a strong online presence could help it navigate these challenges, but careful financial management will be essential.

Registered in Northern Ireland under the registration number NI665198, with a registered address at BT74 4RL, Northern Ireland, Enniskillen, Fermanagh, 48a Enniskillen Business Centre, 21 Lackaghboy Road.

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