Heathug Ltd

Heathug Ltd from Leeds UK: a small, active company founded two years ago, employs just one person, and holds £64,783 in assets. It’s led by two directors and has one owner, with a real address at Wellington Street. The company operates in the retail sale via mail order houses or via internet industries.

The Heathug website showcases a range of hot water bottles designed for pain relief. The core offering revolves around the "HeatHug" – a wearable hot water bottle – alongside the larger "BigHug" and smaller "MiniHug" versions. A personal story highlights the founder’s development of the HeatHug to address her own endometriosis pain, emphasizing its innovative design and functionality. The site also features an eco-friendly design, natural pain relief, and multi-functional aspects, with a gallery and subscription form. The website is built on Wix.com.

Financially, Heathug Ltd presents a mixed picture. Cash bank on hand has significantly increased by 280% to £14,000, while creditors have decreased by 65% to £20,000. Current assets have risen by 14% to £65,000, and trade debtors have seen a substantial increase of 440% to £6300. Equity has dramatically increased by 48000% to £45,000. Despite a significant rise in equity, finished goods have decreased by 23% to £40,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the large increase in equity is notable. No auditor is mentioned, which is common for small companies.

Overall, Heathug Ltd appears to be navigating a period of change. The increase in cash and decrease in creditors suggest improved financial management, but the significant rise in equity warrants further observation.

Registered in England/Wales under the registration number 14254311, with a registered address at LS1 4JL, England, Leeds, 171 171 West Point, Wellington Street.

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