Home Of Hopcroft Limited

Home Of Hopcroft Limited, based in Lochgelly, UK, is a small, active family business established four years ago. With two employees and £36,604 in assets, it operates an e-commerce site and enjoys a stellar 5.0 Google rating from 25 reviews. The company is led by two directors and owners, Hopcroft Greig and Hopcroft Charlene.

The website, homeofhopcroft.co.uk, showcases a diverse range of homeware, gifts, and wall art, with a particular emphasis on Scottish-themed products and collaborations with local brands like Isle of Skye Candle Co. and Highland Soap Co. The site’s categories range from decorative accessories and soft furnishings to skincare and cards, catering to a broad audience seeking unique and thoughtful gifts. It's clear the business is focused on retail via mail order and internet sales, with a strong emphasis on showcasing local artisans and offering personalized customer service.

Financially, Home Of Hopcroft Limited presents a mixed picture. Net assets have decreased significantly, falling by 48% to £9,800, while cash bank on hand has dropped by 52% to £120. Loans from directors have surged by a staggering 2,100%, reaching £27,000, which may indicate a reliance on personal funding. While creditors have increased by 420%, suggesting a need for more working capital, trade debtors have plummeted by 98%, which could be a good sign of efficient billing. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 20 employees. The accounts are unaudited and prepared under FRS 102 Section 1A, meaning they are not subject to external scrutiny.

Overall, Home Of Hopcroft Limited appears to be navigating a challenging financial landscape. The company’s focus on unique products and strong customer reviews suggests a solid foundation, but the increased reliance on director loans and declining equity raise concerns about long-term sustainability.

Registered in Scotland under the registration number SC659566, with a registered address at KY5 0YZ, Scotland, Lochgelly, 18 Sauchie Crescent, Kinglassie.

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