Heathwick Limited

Heathwick Limited is a small, active company based in Redhill, UK, established fourteen years ago in December 2010. With five employees and £504,641 in assets, it operates from a real address and is led by two directors and two owners. The company has a perfect 5.0 Google rating based on a single review. It’s a regular importer of drinks, alcohol, and vinegar, with 28 months of import activity recorded, the latest in November 2021. The company was founded by a solo entrepreneur.

Heathwick Limited's website is minimal, providing little insight into its operations beyond its registration details. It appears to be a wholesale business rather than an e-commerce site, focusing on supplying drinks and alcoholic beverages to other businesses. There's no indication of a direct-to-consumer presence.

Financially, Heathwick Limited presents a mixed picture. Current assets have decreased by 12%, falling to £500,000. Cash reserves have taken a significant hit, dropping 93% to a mere £12,000. Trade debtors have increased substantially, rising 31% to £480,000, which could indicate delayed payments from customers or a strategy of offering more credit. Creditors have also increased by 15%, reaching £960,000, suggesting a reliance on borrowing. Equity has remained steady, however, at £2,600,000. 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 flexibility, but the decline in cash reserves is a concern. The accounts are abridged and unaudited, and no auditor is mentioned.

In short, Heathwick Limited seems to be navigating a challenging financial landscape. While it maintains a steady flow of debtors, the sharp drop in cash reserves and increase in creditors suggests it's burning through money quicker than it’s bringing it in. The company's continued import activity, however, indicates a commitment to its core business, and its solo founder may be working hard to keep things afloat.

Registered in England/Wales under the registration number 07462141, with a registered address at RH1 2NL, England, Redhill, 38 Holmethorpe Avenue.

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