Hughie (leicester) Limited

Hughie Leicester Ltd from Wigston UK: a small, active company founded 31 years ago, boasts a solid £1,379,840 in assets and employs just two people. With three directors and three owners – a family business – it operates an e-commerce site and has earned a respectable 4.0-star Google rating from 67 reviews. The company irregularly imports clothing and accessories made by knitting or crocheting, with its last import activity recorded one month ago. 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, employees less than 50.

The business operates in the wholesale of textiles industries, and its website, while not fully detailed in this report, suggests a focus on online retail. It’s a tight-knit operation with a real address, and the company is likely a family-run business.

Financially, Hughie Leicester Ltd shows a mixed picture. Current assets have decreased by 7.3% to £1,400,000, while net assets have fallen by 8.2% to £1,300,000. Cash bank on hand, however, has seen a significant increase of 210%, rising to £150,000. Trade debtors have also decreased by 16%, suggesting improved collection of payments. Bank borrowings have decreased by 11%, which is a good sign. Creditors, however, have increased by 6.7%, which could be a cause for concern. The company’s net current assets liabilities have decreased by 8.2%. It’s worth noting that the company is likely exempt from an audit due to its small size, and the financial statements are unaudited.

The company's irregular import activity, with its focus on knitted and crocheted goods, adds another layer to its business model. While the financials reveal some declines, the increased cash reserves and improved debtor management suggest a degree of resilience.

Registered in England/Wales under the registration number 02837063, with a registered address at LE18 2FG, England, Wigston, Sha-Lor House, West Avenue.

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