Herschel Supply Uk Ltd

Herschel Supply Uk Ltd is a small, active company based in London, UK, founded eight years ago in 2016. With £1,581,862 in assets and a virtual address, it employs thirteen people and is managed by four directors—though no owners are officially listed. The company regularly imports and exports leather goods, travel bags, and animal harnesses, with a consistent 127-month import history and 45 months of export activity.

Herschel Supply Uk Ltd operates primarily as a wholesaler, as evidenced by its website, which showcases a wide range of outdoor gear, luggage, apparel, and accessories. The site functions as an e-commerce platform, offering free ground shipping and a warranty program. It's a well-designed site, with clear product categories and a focus on visual appeal. The company also has a presence on social media, with active accounts on Instagram and Facebook.

Financially, Herschel Supply Uk Ltd has experienced some mixed trends. Current assets have fallen by a significant 56%, dropping to £1,600,000. Debtor amounts have also decreased substantially, falling 50% to £390,000. However, creditors have decreased by 18%, suggesting improved debt management. Equity has decreased by 32%, resulting in a net asset total of -£4,400,000. Cash and bank deposits have also fallen by 8%, to £430,000. The company’s small size—meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—allows for agility, but the decline in equity is concerning. The company’s accounts are unaudited, and no auditor is mentioned.

The company’s financial data suggests it may be burning through cash. The decrease in assets and increase in liabilities, combined with a negative equity position, indicate a need for careful financial management. While the company’s e-commerce platform appears to be functioning well, the underlying financials raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 10317240, with a registered address at EC4A 3TW, United Kingdom, London, 5 New Street Square.

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