Howe Uk Ltd.

Howe Uk Ltd from London UK: a small, active company founded ten years ago, employs five people, and holds £1,085,343 in assets. With a yearly revenue of £2,243,638, it’s a regular importer and exporter of furniture, lighting, and prefabricated buildings, having imported for 190 months and exported for eight. The company operates from a virtual address, has one director, and one owner, and is audited by Krogh & Partners Limited.

The company’s core business revolves around wholesale of furniture, carpets and lighting equipment. Howe Uk Ltd’s website doesn’t offer much insight into its online presence, suggesting a primarily business-to-business operation. There’s no e-commerce site visible, and the focus appears to be on supplying retailers and businesses rather than selling directly to consumers.

Financially, Howe Uk Ltd’s recent performance shows some concerning trends. While turnover increased by 10%, net assets have dropped significantly by 19% to £850,000. Cash reserves have also declined by 8.1% to £920,000, and operating losses have ballooned to -£210,000. Bank borrowings have decreased by 50%, which is a positive sign, and creditors have also decreased by 14%, suggesting better debt management. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the substantial loss raises questions about its profitability. The company’s assets are £1,085,343, which is a large amount.

Despite these challenges, Howe Uk Ltd’s long history of importing and exporting, combined with its established relationships within the furniture and lighting industries, suggests a resilient business. The decrease in bank borrowings is a positive sign, and the company’s continued operation indicates a degree of stability. However, the substantial loss and declining net assets warrant close monitoring.

Registered in England/Wales under the registration number 09075255, with a registered address at EC2M 5QQ, London, 823 Salisbury House 29 Finsbury Circus.

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