Heti's Colours Limited

Heti's Colours Limited is a small, active company based in St. Albans, UK, founded fourteen years ago in 2011. It operates as a solo venture, with one director and owner, Gervis Henrietta Rowsell, and employs just one person. The company holds £6,229 in assets and uses a virtual address shared by ten other companies, which is a bit unusual. It’s a small business, meeting two of the three conditions to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Heti’s Colours is an irregular importer, bringing in electrical machinery and equipment for one months, with the last import occurring in February 2023.

The company's website showcases a luxury printed scarves business, alongside homeware and collaborations with LK Bennett. It appears to be primarily an e-commerce operation, with no mention of a physical store. The website highlights collections, a journal, and press information, suggesting a focus on branding and marketing. It also lists a London address (1 Thane Villas) and a UK phone number, which are useful contact points.

Financially, Heti’s Colours Limited presents a mixed picture. Current assets have plummeted by a staggering 82%, falling to just £6,200, while net assets have also decreased significantly, dropping 32% to -£93,000. Bank borrowings have shrunk by 31%, and cash reserves have fallen 6.3% to £4,400. Debtors have decreased dramatically, but creditors remain at £99,000. The company’s small size helps it remain flexible, but the sharp decline in equity is concerning. With no auditor mentioned, the figures are unaudited.

Overall, Heti’s Colours Limited seems to be experiencing financial strain. The company's focus on luxury scarves and collaborations suggests a premium brand strategy, but the financial data indicates a need for careful management. Whether the company can sustain its brand image while navigating these challenges remains to be seen.

Registered in England/Wales under the registration number 07568965, with a registered address at AL1 4JY, England, St. Albans, Hertfordshire, 145/147 Hatfield Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.