Hugo & Co Treats Ltd

Hugo & Co Treats Ltd, based in Middleton, UK, is a small, active company established three years ago. It’s a solo venture, run by one director and owner, employing just one person and holding £18,199 in assets. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, Chompingtons, is currently opening soon, inviting visitors to enter a password and promising updates via email and social media. It’s a minimalist design, suggesting a new e-commerce venture still in its early stages. The site's focus seems to be on confectionery, with the name "Chompingtons" hinting at a playful brand identity.

Financially, Hugo & Co Treats Ltd presents a mixed picture. While current assets have increased by 16% to £18,000, net assets have seen a substantial jump of 220% to £11,000. However, cash bank on hand has decreased by 22% to £9,200. Liabilities have also shifted; accrued liabilities are unchanged, but corporation tax payable has risen significantly by 230%. Trade debtors have increased by 97%, which could indicate a growth in sales but also potential issues with customer payments. The company's small size (meeting two of three conditions for a small company) means it’s likely exempt from an audit, and the unaudited figures rely on director-reported data.

The increase in finished goods (190%) suggests the company is stocking up, possibly in anticipation of a launch. However, the decrease in amounts owed to directors by nearly 50% is a positive sign. Overall, Hugo & Co Treats Ltd appears to be in a transitional phase, investing in inventory and navigating the challenges of a new e-commerce venture.

Registered in England/Wales under the registration number 13954309, with a registered address at M24 1DF, United Kingdom, Middleton, 103 Mill Fold Road.

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