Hiffin Ltd

  • Small
  • Active
  • 3 years
  • £24,715 (assets)
  • Real address
  • 1 director
  • 1 owner
  • Solo founder
  • E-commerce

Field of Operation

Manufacture of photographic and cinematographic equipment
26702 217 companies
Retail sale via mail order houses or via Internet
47910 203008 companies

Website

Social media

Summary

Hiffin Ltd from Slough, UK, is a small, active company founded three years ago. It’s a solo founder operation with one director and owner, Chawla Varun, and operates an e-commerce site. The company holds £24,715 in assets and has a real address at 5 Hurst Road. It’s classified as a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s primary business involves manufacturing photographic and cinematographic equipment, and retail sale via mail order houses or via internet.

The website showcases a wide range of camera accessories, tripods, lights, and studio equipment. It's clearly geared toward photographers and videographers, offering everything from basic selfie sticks to professional studio lighting setups. The site uses promotional banners with phrases like "48 HOURS EXCHANGE" and "5 OFF ON ALL PRODUCTS" to encourage sales. There's a strong emphasis on industry-tested performance and trusted brands. The website also features blogs and testimonials, highlighting the company's expertise and customer satisfaction. It seems like they are trying to position themselves as a one-stop shop for all camera-related needs.

Financially, Hiffin Ltd presents a mixed picture. Cash bank on hand has seen a dramatic increase, soaring by 2200% to £22,000—a very positive sign. However, net assets liabilities have also increased by 200%, reaching £3,600. Trade debtors have decreased by 71%, suggesting improved collection of payments, but creditors have risen by 480%, to £21,000. Loans from directors have increased significantly, jumping to £19,000. The company’s small size helps it stay nimble, but the increase in creditors and loans raises questions about its ability to manage its short-term obligations. The accounts are unaudited, which is common for small companies, and there’s no mention of an auditor. It’s a bit strange that the company has no employees reported.

Registered in England/Wales under the registration number 13497297, with a registered address at SL1 6ND, England, Slough, 5 Hurst Road.

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

Owners & PSC

  • Chawla Varun
  • 3 years
  • 2
  • 75%+

Managers

  • Chawla Varun
  • 3 years
  • 1
Director

Last reports

Download the last financial report
Download the last confirmation report
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Last news

  1. Confirmation statement made on 2024-07-05 with no updates
  2. Total exemption full accounts made up to 2023-07-31
  3. Confirmation statement made on 2023-07-05 with no updates

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