Hona Ltd

Hona Ltd from Newport UK: a small, active company founded three years ago, employs five people, and holds £424,468 in assets. It’s a family business with two directors and owners, operating an e-commerce site specializing in nail art products. Regular importer of plastics and plastic products, with ten months of import activity recorded.

The company's website, HONA Home Of Nail Art Gel Polish, is a vibrant online store offering a wide range of gel polishes, builder gels, nail art supplies, and tools. It’s clear that HONA is targeting professional nail technicians and enthusiasts alike, with detailed product descriptions, tutorials, and a knowledge hub offering business advice. The site’s design is modern and visually appealing, showcasing a diverse range of colours and styles. It also offers a loyalty program and a selection of educational courses.

Financially, Hona Ltd's report shows some interesting trends. While cash reserves increased by a significant 560% to £200,000, current assets only increased by 100% to £420,000. Creditors rose by 99% to £290,000, and net losses deepened to -£49,000. The number of employees increased by 120% to eleven, which may have contributed to the increased expenses. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay flexible, but the increased debt and losses suggest it's burning through cash. No auditor is mentioned, so the figures are unaudited.

Overall, Hona Ltd appears to be a growing business with a strong online presence and a focus on the nail art industry. However, the increasing debt and losses suggest it needs to carefully manage its finances to ensure long-term sustainability.

Registered in Wales under the registration number 13614125, with a registered address at NP19 0FG, Wales, Newport, 37 Wednesbury Street.

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