Hotties Thermal Packs Limited

Hotties Thermal Packs Ltd from Halifax, UK, is a small holding company with an active status, established 28 years ago. The company employs just one person and holds assets worth £355,375. It has a real address, two directors, and one owner. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company's website, hottiesthermalpacks.co.uk, showcases a range of microwaveable hot water bottles, primarily marketed towards soothing aches and pains. The site highlights the safety and ease of use of their “Micro Hottie” product, emphasizing its long-lasting warmth and suitability for a wide range of users, from pregnant bodies to recovering athletes. The site is clearly an e-commerce platform, with a focus on direct-to-consumer sales. Products are categorized into Classics, Back Wraps, Pets, Spare Packs, and PJ Warmers, and the site offers free shipping over £50. The site is well-designed and easy to navigate, with clear product descriptions and high-quality images.

Financially, Hotties Thermal Packs Ltd presents a mixed picture. Creditors have dramatically increased by 370%, reaching £130,000, while current assets have grown by 30% to £360,000. This suggests a possible need for increased funding or a reliance on short-term financing. Bank borrowings are stable, and cash reserves remain at £170,000. Interestingly, trade debtors have decreased significantly, which could indicate improved payment collection. The company’s equity, however, has decreased by 7.9% to £230,000, which may be due to retained losses. The company is exempt from an audit, so the numbers are unaudited. The company’s small size and single employee suggest a lean operation, but the rise in creditors warrants further investigation.

Registered in England/Wales under the registration number 03214095, with a registered address at HX2 6AD, England, Halifax, West Yorkshire, Unit 15 Station Road Industrial Park Station Road, Luddendenfoot.

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