Hato Press Ltd
- Small
- Active
- 15 years
- 15 employees
- £404,379 (assets)
- Real address
- 2 directors
- 2 owners
- Irregular importer
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Hato Press Ltd, based in London, UK, is a small, active company founded 14 years ago. Employing 15 people and holding £404,379 in assets, it operates from a real address and is managed by two directors and owners. The company is an irregular importer, primarily dealing with clothing and accessories (not knitted or crocheted), with recent import activity recorded just two months ago. It’s also involved in the business and domestic software development industries.
The company’s website, hatopress.co.uk, showcases a curated selection of art, design, and lifestyle products. It’s clear the focus is on independent publishers and niche brands, with categories like "Riso Zines," "Art," "Food," and "Travel" prominently displayed. The site functions as an e-commerce platform, offering a range of products including books, prints, and clothing. Visitors can browse items like "Hato Press Bookman Shortsleeve TShirts" and "Hato Press No.48 Reflection by Rio Kobayashi," with prices ranging from £9 to £55. The website’s design is clean and minimalist, reflecting a focus on aesthetics and quality.
Financially, Hato Press Ltd presents a mixed picture. While current assets increased by 31% to £400,000, cash reserves have significantly dropped by 60% to just £42,000. Bank borrowings have also declined, but creditors have risen sharply by 190% to £160,000, which could indicate increased reliance on credit. The number of employees has decreased by 27% to 11, which could be a result of restructuring or reduced demand. 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 for agility, but the decline in cash reserves warrants attention. The accounts are unaudited and exempt, relying on director-reported data.
Overall, Hato Press Ltd appears to be navigating a period of transition. While its curated online store and focus on independent brands suggest a strong brand identity, the financial data reveals potential challenges in managing cash flow and controlling costs. The decrease in employees might be a strategic move to improve efficiency, but it’s important to monitor the impact on sales and customer service.
Registered in England/Wales under the registration number 07301078, with a registered address at EC1M 7AA, England, London, 20 Goswell Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 2
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 15 years
- 2
-
Resident of United Kingdom
-
Individual
- 15 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Unaudited abridged accounts made up to 2024-03-31Download 8 pages pdf report
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Confirmation statement made on 2024-11-23 with updatesDownload 5 pages pdf report
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Unaudited abridged accounts made up to 2023-03-31Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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