Hello Brands Ltd

Hello Brands Ltd is a small, active holding company based in York, UK, founded four years ago in July 2020. The company holds £32,907 in assets and employs just one person, overseen by a single director and owner. It operates in the wholesale of textiles industries and has a real registered address with only two companies registered at the same location. The company is an irregular importer of glass and glassware, with two months of import activity recorded, the last operation taking place in June 2023.

The company’s website is not available, so it’s difficult to determine if it operates an e-commerce site. However, the company's profile indicates it is a holding company, suggesting it may own or control other businesses. It’s likely that the company’s activities are focused on managing investments and overseeing the operations of its subsidiaries.

Financially, Hello Brands Ltd presents a mixed picture. While cash reserves increased by a significant 280%, rising to £1,200, net assets still sit at a negative £25,000—a substantial loss. Trade debtors have surged by a staggering 2,800%, reaching £9,200, while creditors have also risen considerably, increasing by 500% to £24,000. The company’s bank borrowings increased by 330%, reaching £32,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the negative equity and rising debts are concerning. The company is exempt from an audit, so the financial information is unaudited.

These trends suggest that Hello Brands Ltd may be burning through cash, possibly due to increased investment in its subsidiaries or a slowdown in customer payments. The rising debts could put a strain on the company's financial stability in the long term, but the increase in cash reserves indicates that the company is still able to meet its short-term obligations.

Registered in England/Wales under the registration number 12734879, with a registered address at YO30 6FE, England, York, 10 Pulleyn Mews Pulleyn Mews.

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