Huffman's Limited

Huffman’s Limited, based in Perth, UK, is a small, active company founded nine years ago in 2016. With nine employees and a real address at Inveralmond Industrial Estate, it’s a modest operation overseen by two directors and two owners. The company’s core business involves exporting drinks, alcohol, and vinegar—a regular activity spanning thirteen months, with the last operation in December 2024. However, it also engages in irregular importing of glass and glassware, with just one month of import activity recorded in February 2024.

The company’s website, Huffman Travel, positions itself as a luxury travel advisory specializing in bespoke itineraries for discerning travelers. It boasts a close-knit environment and partnerships with influential travel brands, offering unparalleled luxury travel services and even endorsed by Forbes Travel Guide. The site showcases a range of travel inspiration, from luxury destinations to exclusive experiences, and even features interviews with industry experts. It even has a quick search engine to book hotels.

Financially, Huffman’s Limited presents a mixed picture. Accumulated depreciation has grown by 66%, suggesting increased investment in assets, while the number of employees has risen by 33%. Bank borrowings have decreased by 31%, but bank overdrafts have increased by 61%, and cash reserves have grown by a substantial 230%. Creditors have fallen by 22%, and debtors have decreased by 5.5%. However, equity has plummeted by a staggering 78,000%, reflecting significant losses. Future minimum lease payments have increased by 140%, and the company’s net assets are currently at -£37,000. The company is exempt from audit, so the figures are unaudited.

These trends suggest the company may be burning through cash despite its focus on luxury travel. The increase in lease payments and the decrease in equity raise concerns, while the growth in cash reserves offers a glimmer of hope. It's possible that the company is investing heavily in marketing or expansion, but the significant losses warrant close monitoring.

Registered in Scotland under the registration number SC526376, with a registered address at PH1 3TW, Scotland, Perth, 1 Inveralmond Road, Inveralmond Industrial Estate.

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