Hoare Group Limited

Hoare Group Ltd from London UK is a small, active company founded two years ago. It operates as a solo-founder venture with one director and owner, employing a single employee and holding £10,643 in assets. The company has a virtual address, registered at N13 4BS, England, London, 483 Green Lanes, a location shared by 1407 other companies. It runs an e-commerce site and is involved in a diverse range of activities, including furniture design, sourcing, and manufacturing, as well as offering 3D printing services.

The website showcases a wide selection of furniture, grouped into categories like chairs, sofas, case goods, beds, and occasional pieces. It highlights partnerships with various brands and emphasizes a sourcing-focused business model, working with factories in China, Vietnam, and Indonesia. The company offers design and manufacturing services, even managing the complete OEM product flow for clients. A blog section features industry insights and supplier spotlights, reinforcing its expertise in furniture sourcing.

Financially, Hoare Group Ltd presents a mixed picture. While cash reserves remained steady at £4,000, net assets declined significantly to -£7,400, indicating accumulated losses. Trade debtors increased by 890% to £5,300, which could be a sign of delayed payments or expanded credit terms, while creditors rose 35% to £34,000. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 10 employees—allows for agility, but the negative equity raises concerns. The accounts are unaudited, likely due to the company’s small size, and no auditor is mentioned. It's clear that Hoare Group Ltd is facing financial pressures, but it's also leveraging its sourcing expertise and online presence to navigate the challenges.

Registered in England/Wales under the registration number 14493189, with a registered address at N13 4BS, England, London, 483 Green Lanes.

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