Hogo Limited

Hogo Limited is a small, active company based in Brentwood, UK, founded ten years ago in 2015. It employs just one person and holds £584 in assets, operating from a virtual address shared by many other companies. With a single director and owner, it’s a solo founder operation. The company’s core business involves retail sale via mail order houses or via internet, and the other retail sale not in stores, stalls or markets industries.

The company’s website, while not providing detailed information, suggests a focus on online retail. It's not clear if it’s a full-fledged e-commerce site with a shopping cart and product listings, or if it primarily operates through other platforms. The limited information available makes it difficult to assess the scale and sophistication of its online presence.

Financially, Hogo Limited presents a mixed picture. Current assets have increased significantly, jumping 480% to £580, while net assets have decreased by a substantial 420% to -£320. Bank borrowings are non-existent, and cash reserves are a modest £580. Trade debtors have disappeared entirely, while creditors have risen to £900. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the negative equity is a concern. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company's losses are quite significant, suggesting it’s burning through cash rather than generating profit. This could be due to a number of factors, such as high operating costs, slow sales, or aggressive marketing spend. It’s also possible that the company is in a growth phase, reinvesting profits back into the business. The lack of employees, while keeping costs low, might also limit its ability to scale operations.

Registered in England/Wales under the registration number 09421267, with a registered address at CM15 8AG, England, Brentwood, Essex, The Hermitage, 15a Shenfield Road.

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