Husk The Label Ltd

Husk The Label Ltd is a small, active company based in Woodford Green, UK, founded two years ago in September 2022. The company employs just two people and holds £56,181 in assets. Operating from a virtual address shared by seventy other companies, it’s managed by two directors and two owners. Its primary focus is an e-commerce site selling swimwear and resortwear, with a strong emphasis on Caribbean-inspired designs and a focus on quality and craftsmanship.

The website, Husk The Label, showcases a range of swimwear, dresses, and resortwear, all inspired by the colours and culture of the Caribbean. The brand highlights its commitment to sustainable practices and features a blog showcasing its designs and the stories behind them. It’s clear that Husk The Label is aiming to create a lifestyle brand that resonates with customers seeking stylish, ethically-made clothing.

Financially, Husk The Label Ltd presents a mixed picture. While current assets remain steady at £56,000, equity has fallen to a negative £12,000. Creditors have also remained constant at £65,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity is a cause for concern. The company is an irregular importer, with its top import category being Clothing and accessories made by knitting or crocheting, totaling 1 months of imports. The last import operation was conducted on July 01, 2023. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s reliance on debt to cover its losses suggests it’s burning through cash. It’s possible that the company is still in its growth phase, but the negative equity raises questions about its long-term viability. The focus on a niche market and a strong brand identity could help it overcome these challenges, but careful financial management will be essential.

Registered in England/Wales under the registration number 14369599, with a registered address at IG8 0XA, England, Woodford Green, Essex, C/O Nicholas Hall, 7 Johnston Road.

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