Hoofs & Hides Genuine Leather Uk Limited

Hoofs And Hides Genuine Leather Uk Ltd, based in Windsor, UK, is a small, active company founded seven years ago. Despite a perfect 5.0 Google rating from 61 reviews, the company currently has accounts overdue by two months. It employs four people and holds £101,310 in assets, operating from a real address and overseen by three directors and a solo founder, Shariff Sarfraz. The company is a regular importer, primarily of footwear and related items, with 7 months of import activity recorded, the last in May 2021.

The company’s website is currently unavailable, making it difficult to assess their online presence and sales channels. Without a functioning website, it’s unclear if they operate an e-commerce store or rely solely on wholesale or other sales methods.

Financially, Hoofs & Hides Genuine Leather Uk Ltd presents a mixed picture. While bank borrowings have remained steady at £45,000, cash reserves have seen a dramatic increase, jumping 8200% to £13,000. However, creditors have also risen significantly by 48%, reaching £190,000 within the year. Net assets have decreased by 25%, settling at -£250,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the significant equity decline warrants attention. The lack of an auditor (likely exempt due to its size) means the figures are unaudited.

The company's financial data suggests a period of rapid growth, potentially fueled by increased sales or imports. However, the rise in creditors indicates a need to manage short-term liabilities. While the surge in cash reserves is positive, the overall negative equity position highlights a need for careful financial management. The company’s reliance on imports, as evidenced by its history, could be both a strength and a vulnerability, depending on supply chain stability and currency fluctuations.

Registered in England/Wales under the registration number 10858154, with a registered address at SL4 1DS, United Kingdom, Windsor, 140 - Ground Floor Peascod Street.

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