Hooray I Found It Ltd

Hooray I Found It Ltd is a small, active company based in London, UK, founded four years ago in 2021. It holds £18,519 in assets and operates from a real address on Holloway Road. With two directors and two owners, it’s a relatively compact operation. The company’s activities centre around agents involved in the sale of a variety of goods, as well as retail via mail order and internet industries.

The company’s website, while minimal, highlights a focus on sourcing and supplying goods. It’s not a traditional e-commerce site with product listings, but rather a platform showcasing its ability to find and deliver specific items for clients. This suggests a business-to-business model, acting as a sourcing agent rather than a direct retailer. It's not clear if they have a physical storefront.

Financially, Hooray I Found It Ltd presents a mixed picture. Current assets have increased significantly, jumping 170% to £19,000. However, net assets have dramatically improved, soaring 180% to £3,600, reversing a previous loss. Cash reserves have also seen a substantial boost, increasing 420% to £13,000. Despite this positive trend, dividend payments have increased to £2,000, and bank borrowings have risen 15% to £12,000. Trade debtors have also increased, suggesting a need to manage customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increased borrowing could indicate a need for further investment. There's no auditor mentioned, likely due to the company's small size and exemption from an audit.

Overall, Hooray I Found It Ltd appears to be recovering from a difficult period, showing signs of growth and improved financial health. The company's focus on sourcing and its lean structure could be key to its continued success, although careful management of debt will be essential.

Registered in England/Wales under the registration number 13187286, with a registered address at N19 3NP, England, London, 684 Holloway Road.

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