Howies Limited

Howies Limited, based in Carmarthen, UK, is a small holding company with an active status, having been founded 29 years ago in 1995. The company employs twelve people and holds £671,657 in assets. With three directors and three owners, it operates from a real address and is a regular importer of clothing and accessories made by knitting or crocheting – a total of 200 months of imports were recorded, with the latest in December 2024. Export activity is less frequent, with just two months of activity recorded, the last being March 2024.

The company’s website, Howies Hockey Tape, reveals a specialized retail focus. It’s a one-stop shop for hockey players, offering a wide range of tapes, apparel, and accessories. The site emphasizes quality, custom products, and a strong community – even featuring videos and a blog. It appears to be a thriving e-commerce business, with a focus on direct-to-consumer sales.

Financially, Howies Limited’s recent performance presents a mixed picture. Current assets decreased by 14%, dropping to £670,000, while net assets also fell by 15%, reaching £340,000. Bank borrowings were reduced significantly, a drop of 82%, to £10,000, and cash reserves increased by 37%, to £370,000. Debtor levels decreased considerably, a drop of 69%, to £64,000, suggesting improved collection. Creditors also decreased slightly, a drop of 4.8%, to £190,000. 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 agility, but the decrease in net assets warrants further investigation. As a small company, it’s exempt from an audit, so these are unaudited figures.

The company’s financial trends suggest it's managing its cash well, but the decrease in equity may indicate a need to focus on profitability. The hockey tape business seems to be doing well, with a loyal customer base, but the company should monitor its financial health closely to ensure long-term sustainability.

Registered in England/Wales under the registration number 03065954, with a registered address at SA31 3HB, Wales, Carmarthen, Carmarthenshire, Building 18 Parc Dewi Sant, Job's Well Road.

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