Heysofa Limited

Heysofa Limited is a small, active company based in Doncaster, UK, founded six years ago in 2018. With 12 employees and £2,066,896 in assets, it’s a solo-founded operation run by a single director and owner, Palin Rory David. The company operates in the development of building projects and retail sale via mail order houses or via internet industries. Accounts are overdue by nine months, and confirmation is overdue by eleven months.

The company's website, Amper88, is primarily an e-commerce platform. It's not a traditional furniture retailer like the name might suggest. Instead, it’s a sprawling online marketplace offering everything from electronics and fashion to home goods and even slot games – a rather eclectic mix. The site aggressively promotes itself with phrases like "Daftar Cepat Klaim Bonus" and "Slot Gacor," suggesting a focus on online gambling and gaming alongside its broader retail offerings. The site is clearly geared towards a Southeast Asian market, with Indonesian language used throughout. It’s a busy, visually cluttered site, with numerous banners and promotions vying for attention.

Financially, Heysofa Limited shows a remarkable turnaround. Net assets have tripled, jumping from £930,000 to £3,200,000. Cash bank on hand has also seen a massive increase, soaring from £62,000 to £460,000 – a 640% growth. Current assets have more than doubled, reaching £2,100,000, and fixed assets have doubled too, now sitting at £1,200,000. However, trade debtors have also increased significantly, rising by 140% to £870,000, which could indicate a reliance on customer payments. Intangible assets have doubled as well, reaching £600,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, as is common for small companies.

In short, Heysofa Limited appears to be burning through money, but in a good way. The company is expanding rapidly, investing heavily in assets and intangible assets. The increased debtors suggest a need to manage cash flow, but overall, the financials paint a picture of a company on the rise, even if its business model is a little unusual.

Registered in England/Wales under the registration number 11336753, with a registered address at DN1 1QW, England, Doncaster, Old Guildhall Yard, French Gate.

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