Hugo Park Ltd

Hugo Park Ltd is a small, active company based in London, UK, founded nine years ago in 2015. It employs just two people and holds £224,289 in assets. The company operates from a virtual address – 630 other companies are registered at the same location – and is managed by one director and one owner. Hugo Park Ltd is a regular importer, specializing in furniture, lighting, and prefabricated buildings, with five months of import activity recorded as of October 2024.

The company’s website reveals a global home products business that specializes in the design, sourcing, and manufacture of home furniture for retailers, wholesalers, brands, hotels, and resorts. With over 30 years of experience, Hugo Park offers white label, branded, or client branding options and ships products worldwide after 100% quality checks. The website highlights the company’s ability to source what customers want, when they want it, and at a realistic price.

Financially, Hugo Park Ltd presents a mixed picture. Cash reserves have increased dramatically by 700%, reaching £23,000, which is a positive sign. However, net losses have widened, and bank borrowings have decreased by 16%. Creditors have also increased by 23%, suggesting a reliance on short-term financing. 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 flexibility, but the increased creditors could indicate a need to manage cash flow more carefully. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. It seems that the company is doing well in terms of cash, but it's important to keep an eye on the increase in creditors.

Registered in England/Wales under the registration number 09780752, with a registered address at EC2A 4NE, England, London, Greater London, 86-90 Paul Street.

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