Hiffin Ltd
- Small
- Active
- 3 years
- £24,715 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
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
-
Individual
- Chawla Varun
- 3 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Chawla Varun
- 3 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Confirmation statement made on 2024-07-05 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-07-31Download 6 pages pdf report
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Confirmation statement made on 2023-07-05 with no updatesDownload 3 pages pdf report
FAQ about Hiffin Ltd
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