Haypp Limited

Haypp Limited is a London-based holding company, active since its founding three years ago in 2022. Despite employing only two people, it holds significant assets of £1,599,995 and generates a yearly revenue of £3,931,926. The company operates from a virtual address, registered at Sweden House, 5 Upper Montagu Street, a fact highlighted by the presence of twenty-three other companies at the same address. It’s led by three directors and has one owner, with Haypp Group Ab being the controlling entity. Haypp Limited’s core business revolves around retail sales via mail order and internet, specializing in nicotine products. The company operates multiple websites catering to different markets: Haypp.comse (Sweden), Haypp.comde (Germany), Haypp.comuk (UK), and Haypp.comat (Austria), all offering a wide selection of nicotine pouches and vape products.

These websites showcase Haypp's focus on ecommerce, acting as trusted platforms for customers seeking smokefree nicotine options. They emphasize competitive pricing, fast delivery, and a broad range of popular brands. The company is an irregular importer, with tobacco and tobacco substitutes accounting for two months of imports, the last operation occurring on January 1, 2025.

Financially, Haypp Limited exhibits a mixed picture. While turnover increased by a substantial 290%, net assets took a significant hit, plummeting 100% to -£2,100. Bank borrowings surged by 640%, reaching £1,100,000, while cash reserves fell 30% to £110,000. Creditors, however, decreased by 18%, suggesting improved debt management. The company’s size—meeting two of three criteria for a large company—indicates it’s navigating a competitive market. The lack of an auditor mentioned suggests the accounts are unaudited.

The company’s rapid growth in revenue is encouraging, but the substantial decline in equity and increased borrowing raise concerns about its financial health. It's clear that Haypp Limited is burning through money, and the company’s ability to sustain its growth will depend on its ability to manage its costs and maintain its competitive edge in the ecommerce market.

Registered in England/Wales under the registration number 13876184, with a registered address at W1H 2AG, United Kingdom, London, Sweden House, 5 Upper Montagu Street.

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