Hi-biz Ltd

Hi Biz Ltd is a small, active company based in Cottenham, UK, founded 17 years ago. It operates as a solo-founded e-commerce business with two directors and one owner, Davis Gillian Ruth. The company, which has £24,295 in assets, runs a virtual address, sharing space with seventeen other companies. It's an irregular importer, primarily dealing in animal feed and food waste, with its last import operation occurring over two years ago in April 2022.

The company's website, hibiz.co.uk, showcases a range of hibiscus-based beverages under the brand "HiBiZ," inspired by the traditional African drink, zobo. It sells single cans and packs of 12, offering both "Original" and "Spice" flavors, targeting consumers seeking healthy and refreshing alternatives. The site emphasizes natural ingredients, bold flavor, and convenient online purchasing.

Financially, Hi Biz Ltd presents a mixed picture. While current assets increased by 26% to £24,000, net assets experienced a dramatic surge, jumping 1200% to £3,700. However, cash reserves decreased by 50% to £1,600, and bank borrowings increased significantly. Creditors also rose by 6.2% to £25,000. The company's small size—meeting two of three conditions for a small company—allows for agility, but the large increase in equity suggests a possible injection of funds or a significant change in accounting practices. With no auditor mentioned, the figures are unaudited. The company's focus on a niche product and online sales seems promising, but the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 06374252, with a registered address at CB24 8RX, United Kingdom, Cottenham, Cambridge, Elstree House Watson's Yard, High Street.

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