Hugo And Ted Ltd

Hugo And Ted Ltd from Worcester UK: small company, active status, founded 4 years ago, 6 employees, £67,293 assets, real address, 1 director, 1 owner, solo founder, e-commerce site, google rating 4.0 based on 89 reviews. It’s a small, family-run business with a charming name and a focus on luxury pet and human accessories. The company, established four years ago, operates from a real address in Worcester and is run by a single director and owner, Charlotte Moseley. It has a solid 4.0-star Google rating based on 89 reviews, suggesting happy customers.

Hugo and Ted’s website showcases a wide range of handmade items, from fleece snuggles jumpers to waterproof rainfleeces and even car beds for pets. They also have a brand new sister brand, Boog and Bear, which sells human wear. The site is clearly geared toward a premium market, with a focus on quality and unique designs. They even offer a "viral" sling carrier—a popular item.

Financially, Hugo and Ted Ltd presents a mixed picture. While current assets increased by a substantial 150% to £67,000, net assets declined significantly by 46% to -£49,000. Bank borrowings have decreased by 100% to zero, and cash reserves have risen dramatically by 690% to £27,000. Trade debtors have dropped by 100% to zero, and creditors are at £120,000. The company’s small size—meeting two of three conditions for a small company—allows it to remain flexible, but the decrease in equity is a point of concern. The accounts are unaudited, a common practice for small, exempt companies.

It seems Hugo and Ted Ltd is experiencing some turbulence, but its strong online presence and positive customer reviews suggest it has the potential to weather the storm. The company’s focus on handmade, luxury items and its unique brand identity could be key to its long-term success.

Registered in England/Wales under the registration number 12927884, with a registered address at WR1 2DS, England, Worcester, 12 Reindeer Court Mealcheapen Street.

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