Hms Goods Ltd

Hms Goods Ltd from Thatcham UK: small company, active status, founded 3 years ago, 1 employee, £2,941 assets, real address, 1 director, 1 owner. It’s a small, active company registered in England/Wales with the number 13996608. Incorporated on March 23, 2022, and based at RG18 9DX, England, Thatcham, the company operates in the retail sale via mail order houses or via internet industries. Only one company is registered at the same address, so it’s probably real. Officially, it has one owner and one director, and employs just one person.

The company’s website isn't available, so it's difficult to determine the specifics of its operations beyond the broad description of retail sales via mail order and internet. It's likely an e-commerce business, but without a site to examine, it’s impossible to say exactly what products or services it offers.

Financially, Hms Goods Ltd presents a mixed picture. While the company is small, meeting two of three conditions (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), its net assets and liabilities are quite low. Net assets are a mere £26, a significant drop from -£4200 the previous year. Cash bank on hand has increased to £740, a positive sign, but creditors have also risen to £2900. Advances to directors have decreased, and corporation tax payable has increased. The company’s small size allows for agility, but the low equity raises concerns. With no auditor mentioned, the financial statements are unaudited.

It seems like the company is struggling to stay afloat, but it's not burning through money at a startup pace. The low net assets and increased corporation tax payable suggest a tight budget, but the increase in cash bank on hand indicates some recent improvements. The single director and owner, Segre Conor Michael, is likely working hard to keep the business running.

Registered in England/Wales under the registration number 13996608, with a registered address at RG18 9DX, England, Thatcham, Briar Cottage Chapel Lane, Curridge.

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