Hetleys (uk) Ltd

Hetleys (uk) Ltd, based in Ayr, UK, is a small, active company founded fifteen years ago in 2010. With two employees and £212,421 in assets, it operates from a virtual address – a fact highlighted by the presence of 113 other companies registered at the same location. The company is run by two directors and one owner, Devoy David Murdoch, and boasts a perfect 5.0 Google rating based on a single review. Hetleys (uk) Ltd primarily functions as an e-commerce site, specializing in the retail of furniture, lighting, and similar items, and occasionally imports furniture, lighting, and prefabricated buildings, with the last import operation recorded in August 2022.

The company’s website showcases a focus on ergonomic office solutions, operating a showroom near Glasgow and catering to businesses seeking user-friendly, functional, and health-and-safety compliant furniture. It offers a range of products, from desk accessories to ergonomic chairs, and positions itself as an expert in providing advice and knowledge to businesses throughout Scotland. The website also promotes a separate venture, 1066 Pianos, a high-end piano restoration business, which operates from Cambridge and even has a showroom in Harrods.

Financially, Hetleys (uk) Ltd presents a mixed picture. Current assets have declined by 18% to £210,000, while net assets have also fallen by 18% to £140,000. Bank borrowings have decreased by 25% to £18,000, and cash reserves have dropped 8.6% to £39,000. Creditors have also decreased by 15%, suggesting better debt management. The company’s small size – meeting two of three conditions for a small company – allows for agility, but the decline in equity raises questions. The lack of an auditor mentioned likely means the figures are unaudited.

Overall, Hetleys (uk) Ltd appears to be navigating a period of financial pressure, while its piano division thrives on heritage and prestige. It’s a small business trying to maintain a steady course, and whether the two ventures can sustain each other long-term remains to be seen.

Registered in Scotland under the registration number SC371724, with a registered address at KA7 2AY, Scotland, Ayr, 6 Miller Road.

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