Hausware Ltd

Hausware Ltd from Abergavenny UK: a small company with an active status, founded three years ago, employs two people, and holds £93,385 in assets. It has a real address, is managed by three directors, and is owned by a solo founder who is also the company's director. The business operates an e-commerce site. It's a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company's status is active.

The website, hauswares.co.uk, is a vibrant online marketplace specializing in kitchenware, cookware, and home accessories. It offers a wide range of products from brands like Bengt Ek Design, De Buyer, Emile Henry, and Scanpan. The site boasts free shipping on orders over £150, VAT, and next-day delivery for orders received by 2pm Monday to Thursday. It's clearly focused on e-commerce, with detailed product descriptions, high-quality images, and a user-friendly interface. The site also has a "seasonal offers" section and a blog with articles on baking and cooking.

Financially, Hausware Ltd shows some concerning trends. Current assets have dropped significantly by 68% to £93,000, while net assets have also decreased by 39% to £82,000. Bank overdrafts have been reduced dramatically, from £5,000 to just £300, which is a positive sign. However, trade debtors have plummeted, and cash reserves have also fallen by 6.4%. The company’s creditors have also decreased. With no auditor mentioned, the figures are unaudited.

Overall, Hausware Ltd appears to be a small, e-commerce focused business facing some financial challenges. While the website suggests a strong online presence and a focus on quality products, the declining assets and cash reserves raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 13425561, with a registered address at NP7 7AA, Wales, Abergavenny, 7 Western Road.

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