Hey Ventures Ltd

Hey Ventures Ltd from London UK: small company, active status, founded 4 years ago, £10,451 assets, real address, 2 directors, 2 owners. Irregular importer of aluminum and aluminum products (1 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company was founded four years ago on December 06, 2020, and registered at SW15 1PH, England, London, 81 Norroy Road. The address is probably real as only one company registered at the same address. Its status is active.

The company's website, HeyVentures Holdings Pte. Ltd., presents a different picture. It's not a direct e-commerce site selling aluminum products. Instead, it describes itself as a boutique investment firm based in Singapore, dedicated to empowering visionary entrepreneurs. Since 2015, they're turning bold concepts into profitable businesses, focusing on sustainability, social responsibility, and innovation in traditional sectors through technology. They typically invest in Seed and Series A rounds, partnering with founders to drive growth. The website includes a contact form and details about their Singapore location, but no mention of aluminum or the UK. It's a bit surprising to see such a different focus compared to the company’s import activity.

Financially, Hey Ventures Ltd’s picture is a bit mixed. Current assets are at £10,000, a significant jump from zero last year, while cash on hand is only £44. Creditors have also increased substantially, reaching £9,700 from zero last year. Net assets are at £270, a big improvement from -£1 last year, and retained earnings have grown significantly. However, bank borrowings have also increased to £9,700. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in creditors suggests it’s relying on external funding. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements, and it’s hard to say whether the company is burning through money or strategically investing for growth. It's a bit strange that the company has no employees reported, but it could be a solo operation.

Registered in England/Wales under the registration number 13065323, with a registered address at SW15 1PH, England, London, 81 Norroy Road.

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