Huggys Speedshop Limited

Huggys Speedshop Ltd from Nuneaton UK: a small, active company founded twelve years ago in 2013, employs five people, and holds £149,452 in assets. It operates from a virtual address, managed by two directors and a solo founder, and enjoys a stellar 5.0 Google rating based on 134 reviews. The company regularly imports art and antiques (for 23 months), and exports vehicles, parts, and accessories (for three months).

Huggys Speedshop’s website reveals a business deeply rooted in motorcycles and related memorabilia. It’s not strictly e-commerce, but it does have a well-designed online presence showcasing a wide range of products, from road bikes and collectible models to vintage clothing and neon signs. The site highlights the owners, Paul and Mitch Gaskin, who boast over 35 years of experience and emphasize a "good honest service." They even offer import services for customers seeking specific parts from the USA, and transportation services both domestically and abroad. The website also includes a "Bikers Meet" event, held every Wednesday morning, and a "Fredas Diner" which is open on Wednesdays and Saturdays.

Financially, Huggys Speedshop Ltd presents a mixed picture. Current assets have fallen by 15% to £150,000, while net assets have also decreased by 26% to £15,000. Bank borrowings have increased significantly by 110% to £86,000, and cash reserves have dropped 300% to £19,000. Creditors have also decreased by 51% to £10,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the drop in equity is something to keep an eye on. With no auditor mentioned, the figures are unaudited.

Overall, Huggys Speedshop Ltd seems to be navigating a challenging financial environment, but its strong online presence and focus on customer service suggest a resilient business model.

Registered in England/Wales under the registration number 08381618, with a registered address at CV11 4DA, England, Nuneaton, Gethin House, 36 Bond Street.

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