Herbal Hakeem Ltd

Herbal Hakeem Ltd from Hyde UK is a small, active company founded ten years ago in 2014. With just three employees and £1,053 in assets, it's a family business led by a solo founder and operates an e-commerce site. The company is a irregular importer of plastics and plastic products, with just one month of imports recorded as of January 2022. It has two directors and two owners, and the registered address is real, with only one other company registered at the same location.

The company's website showcases a wide range of herbal remedies and supplements, catering to various health needs. It offers free shipping on orders over £50 and emphasizes competitive pricing. The site also features a blog with articles on health and wellness, reinforcing its expertise in natural medicine. The company also has a perfect 5.0 Google rating from eight reviews.

Financially, Herbal Hakeem Ltd shows a mixed picture. Cash bank on hand increased by 40% to £600, while creditors rose significantly by 64% to £22,000. Net assets and liabilities both decreased by 65% to -£21,000. Other inventories also increased by 80% to £450. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems like the company is facing some financial pressures, with rising debts and decreasing equity. However, the increase in cash reserves and inventory suggests some level of activity. Whether it can maintain its growth trajectory remains to be seen.

Registered in England/Wales under the registration number 09172892, with a registered address at SK14 3SB, England, Hyde, 6 Aspen Wood.

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