Hiscolumn Limited

Hiscolumn Limited is a small, active company based in Barking, UK, established seven years ago in 2017. With three employees and £435,367 in assets, it operates as a solo-founded e-commerce business with one director and owner. The company imports clothing and accessories, not knitted or crocheted, with a recent import recorded in November 2023. Its website, HisColumn Men's Clothing Fashion, showcases a range of tracksuits, tops, and bottoms, emphasizing sustainability and offering free delivery over £100.

The business primarily focuses on retail via mail order and internet sales, offering a curated selection of men’s clothing. The website’s design and messaging suggest a focus on modern, stylish apparel with a commitment to eco-conscious practices. It’s clear that the company is targeting a fashion-conscious male audience.

Financially, Hiscolumn Limited presents a mixed picture. Current assets have decreased by 14% to £440,000, while net assets have fallen by a significant 19% to -£1,000,000. Cash reserves have also plummeted 72% to £2,400. Creditors have increased by 6.7% to £1,500,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in equity is concerning. There’s no auditor mentioned, and the accounts are unaudited, relying on director-reported data.

In short, Hiscolumn Limited appears to be facing financial headwinds. While its e-commerce platform shows promise, the declining equity and shrinking cash reserves suggest it’s burning through money. Whether the company can sustain its operations and achieve profitability remains to be seen.

Registered in England/Wales under the registration number 11036761, with a registered address at IG11 0JU, England, Barking, Unit 30, 77-87 Trafalgar Business Centre River Road.

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