Hermes Commerce Ltd

Hermes Commerce Ltd, based in Stockport, UK, is a small, active company founded thirteen years ago in 2011. With a single employee and £68,838 in assets, it operates from a real address and is managed by one director and owner. The company regularly imports clothing and accessories—excluding knitted or crocheted items—with three months of import activity recorded as of February 2023. Its business model centers on retail sales via mail order and internet, as described on its website.

The website, Hermes, focuses heavily on global parcel shipping and fashion eCommerce. It offers services like international shipping, shipping to Europe, and global eCommerce solutions, catering to businesses looking to expand their reach. The site highlights expertise in marketplace integration, full-service eCommerce, and even offers services like warehouse fulfilment and return management. It’s clear the company isn’s just selling products; it’s providing a suite of services to facilitate international retail. There's a lot of information about the company's global network, and it’s trying to attract new clients.

Financially, Hermes Commerce Ltd presents a mixed picture. Cash bank on hand has fallen significantly by 65%, dropping to £1,100. Creditors have increased substantially, jumping 77% to £95,000, while trade debtors have plummeted by an astonishing 98%, leaving just £16. Equity has also taken a hit, decreasing by 210% to -£26,000. While current assets have decreased by 10%, total inventories have fallen by 6.4%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The absence of an auditor—likely due to its small size—means the financial statements are unaudited.

In short, Hermes Commerce Ltd seems to be facing financial headwinds, with a significant drop in cash reserves and rising liabilities. However, its focus on international eCommerce services and its established online presence suggest a potential for growth, if it can manage its debts and maintain its client base. The company’s owner, Mcmullan David, seems to be working hard to keep the business afloat, and the company's website is a testament to its ambition.

Registered in England/Wales under the registration number 07750702, with a registered address at SK6 7HX, England, Stockport, Cheshire, Unit 30 Upper Hibbert Lane, Marple.

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