Haus Of Bears Ltd

Haus Of Bears Ltd is a small, active company based in Cardiff, UK, founded five years ago in 2019. With just one employee and £21 in assets, it's a micro-business run by a single director and owner, Morgan Christian. The company operates in the retail sale via mail order houses or via internet, indicating an e-commerce focus. It has a real registered address at International House, Cardiff.

While the company’s website isn't available to analyze, the business description suggests an online retail operation. It’s likely an e-commerce store, possibly specializing in a niche product category, although details are scarce. It’s difficult to assess the scale of its operations without seeing the website.

Financially, Haus Of Bears Ltd presents a concerning picture. The company’s equity has plummeted, with retained earnings and accumulated losses sitting at a negative -£6,600. Cash bank on hand has decreased significantly, dropping by 59% to just £19. Creditors have increased by 43%, reaching £6,600, while debtors remain steady at £2. Current assets have also fallen by 56%, sitting at a mere £21. The company’s small size (meeting two of three conditions for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from a full audit, relying on unaudited financial statements. This makes it difficult to fully assess its financial health. The significant losses and dwindling cash reserves suggest the company is burning through money, although the steady debtors indicate some customers are paying on time. It’s possible the business is in a startup phase, facing initial challenges, or it could be struggling to maintain profitability.

Registered in England/Wales under the registration number 12207941, with a registered address at CF10 2HE, Wales, Cardiff, International House 10 Churchill Way.

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