Highland Collections Ltd

Highland Collections Ltd from Oxted UK: small company, holding company, active status, founded 5 years ago, virtual address, 3 directors, 2 owners, google rating 2.0 based on 6 reviews. Regular importer of iron or steel products (9 months imported). It’s a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company operates as a holding company, and its status is currently active. Incorporated on May 31, 2019, it’s been around for five years. However, the registered address is a virtual one, with twenty companies registered at the same location – a bit of a red flag, really. Three directors and two owners are listed, though it’s worth noting that the owner list isn’s exhaustive. The company’s Google rating is a little low at 2.0 from just six reviews. It’s a regular importer, bringing in iron or steel products for nine months, with the last operation happening in July 2024.

The company appears to focus on retail, specifically the retail sale of clothing in specialised stores. While a website isn't available to examine, the company's activities suggest a standard retail operation, likely with an online presence. It's hard to say for sure without seeing the site, but it's likely they're selling clothes directly to consumers.

Financially, Highland Collections Ltd shows a mixed bag. Cash bank on hand has increased by a healthy 97% to £31,000, which is good news. However, creditors have surged by 350% to £100,000, which could indicate increased borrowing or extended payment terms. Trade debtors have also increased significantly, rising by 530% to £22,000, which might mean customers are taking longer to pay. On the positive side, equity has grown by 61% to £98,000, and finished goods for resale have increased by 78% to £160,000. The company’s small size helps it stay nimble, but the increase in creditors is something to keep an eye on. The accounts are unaudited, which is common for small companies, and no auditor is mentioned. It’s a little unclear why the creditors have increased so much, but it could be a result of expanding operations.

Registered in England/Wales under the registration number 12027460, with a registered address at RH8 0ND, United Kingdom, Oxted, Surrey, 20 Westlands Way.

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