Hiut Ltd

Hiut Ltd from Cardigan, UK, is a small, family-owned holding company with an active status. Established fourteen years ago in 2011, it employs twenty-two people and holds assets valued at £170,020. The company, with two directors and three owners, operates from a real address in Cardigan and has a Google rating of 4.0 based on forty-six reviews. It’s a regular importer of cotton products, having imported for twenty months, with the last import operation occurring in November 2024.

Hiut Ltd is primarily known for its e-commerce site, Hiut Denim Co., which specializes in making jeans. The website emphasizes a “Do One Thing Well” philosophy, focusing solely on denim production. It highlights a made-to-order approach, with customers waiting for their jeans to be crafted in specific slots, and stresses the use of high-quality materials and British craftsmanship. The site also features a section dedicated to the town of Cardigan, Wales, which once housed a thriving jeans factory, now revitalized by Hiut Denim Co. The website showcases a range of selvedge denim jeans, organic denim, and related accessories, alongside a section for piano restoration.

Financially, Hiut Ltd’s recent report shows a mixed picture. Current assets have decreased significantly by 46% to £170,000, while net assets have plummeted 130% to -£78,000. Bank borrowings have increased by a substantial 4,700% to £29,000, and cash reserves have fallen 30% to £28,000. Creditors decreased by 56%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the sharp decline in equity raises concerns. There’s no auditor mentioned, likely due to the company’s status as a small entity. The company's small size allows for agility, but the sharp decline in equity raises concerns.

Overall, Hiut Ltd appears to be navigating a challenging financial period, despite its strong brand identity and focus on quality denim production. The company’s future hinges on its ability to maintain customer demand and manage its finances effectively.

Registered in England/Wales under the registration number 07554408, with a registered address at SA43 1JY, Wales, Cardigan, The Old Jeans Factory, Bath House Road.

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