Home Products Basketware Limited

Home Products Basketware Ltd from Matlock UK is a small company with an active status, founded six years ago. It employs six people and holds £727,170 in assets, operating from a real address. Two directors and two owners manage the business, which regularly imports straw or plaiting material products—nine months of imports were recorded, with the last operation in November 2020. The company operates in the other retail sale of new goods in specialised stores industries.

The company's website is not available, so it's difficult to assess its online presence. However, given the nature of the products, it's likely that the business relies on wholesale relationships and perhaps some local markets, rather than direct-to-consumer e-commerce.

Financially, Home Products Basketware Ltd presents a mixed picture. Cash bank on hand increased significantly by 74% to £490,000, which is a positive sign. However, accumulated amortisation impairment for intangible assets increased by 25%, and depreciation for property, plant, and equipment rose by 45%. The average number of employees decreased by 17%, suggesting a possible restructuring or cost-cutting measures. Creditors decreased by 21%, indicating improved debt management, and current assets increased by 24% to £730,000. Equity also increased by 35% to £620,000, a good sign for long-term stability. Despite these positives, fixed assets decreased by 34%, which could be a concern. The company’s small size—meeting two of three criteria for being a small company—helps it remain agile, but the fluctuating asset values warrant close monitoring. The accounts are abridged and unaudited, which is standard for small companies.

Registered in England/Wales under the registration number 11694446, with a registered address at DE4 3QH, United Kingdom, Matlock, 16-18 Water Lane Cromford.

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