Highend Accessories Ltd

Highend Accessories Ltd from Watford UK: a small, active company founded seven years ago, employs eight people, and holds £1,622,294 in assets. It's a family business with two directors and two owners, operating from a real address. The company regularly imports and exports electrical machinery and equipment, with 85 months of import activity and 41 months of export activity.

Highend Accessories Ltd’s website reveals a fascinating business model. While the name suggests a focus on high-end accessories, the site is actually a UK distributor for Sativa Hemp Bags and Accessories, established in 2007. They specialize in hemp bags, natural cosmetics, and eco-friendly clothing, emphasizing sustainable resources and stylish designs. Additionally, they distribute Revelry Luggage, odour-absorbing luggage from Santa Cruz, California. The website highlights a wide range of products, including hemp food and clothing, and emphasizes exclusive distribution deals with award-winning brands. They cater to both retail customers and wholesale businesses worldwide.

Financially, Highend Accessories Ltd presents a mixed picture. Current assets have decreased by 12% to £1,600,000, while net assets have fallen by 2.4% to £1,400,000. Creditors have seen a significant drop of 44%, suggesting improved financial management, but bank cash has increased by 48% to £320,000. Trade debtors have decreased by 26%, which is good. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in net assets warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

Despite these numbers, Highend Accessories Ltd seems to be holding its own, with a focus on sustainable products and exclusive distribution deals. The company's ability to maintain a strong presence in both retail and wholesale markets, combined with its commitment to award-winning brands, positions it for continued success.

Registered in England/Wales under the registration number 10803442, with a registered address at WD24 4PT, England, Watford, Unit 1 Colonial Way.

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