Hey Haberdashery Ltd

Hey Haberdashery Ltd, based in Preston, UK, is a small, active company founded four years ago. With a single employee and £14,396 in assets, it operates from a virtual address shared by 69 other companies, a fact that raises some questions. Shaw Kimberley Vivienne is both the director and owner, acting as the solo founder of this fabric and yarn retailer. The business enjoys a stellar 5.0 Google rating from 61 reviews, a testament to its customer service.

The company’s website, Hey Ho Let’s Sew, is a vibrant online store specializing in printed fabrics, yarns, haberdashery, and sewing kits. It caters to both beginners and experienced sewers, offering a wide selection of products, including knitting essentials, dress fabrics, and trims. The site also features a mailing list for updates and special offers, and even provides opening times and parking information for a physical location. The website clearly indicates a focus on e-commerce, with a strong emphasis on visual appeal and a user-friendly shopping experience.

Financially, Hey Haberdashery Ltd presents a mixed picture. While cash bank on hand increased by a significant 81% to £9,200, net current assets liabilities also grew by 130% to £7,400. Trade inventories decreased by 28% to £5,200, and cash bank on hand increased by 81% to £9,200. Creditors decreased by 23% to £7,000, which is a positive sign. However, the company’s net assets grew by 140% to £7,300, and the company's average number of employees during the period decreased by 100%, dropping to zero. With no auditor mentioned, the financial data relies on unaudited reports.

Overall, Hey Haberdashery Ltd appears to be navigating a period of change. The increase in cash and decrease in creditors suggest improved financial management, but the decrease in employees and inventory levels, alongside the increase in liabilities, indicates that the business is burning through money. The company's success hinges on maintaining its strong online presence and customer satisfaction, while carefully managing its expenses.

Registered in England/Wales under the registration number 12579564, with a registered address at PR3 3HU, England, Preston, 14 Towneley Parade, Longridge.

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