Huub Limited

Huub Ltd from Derby, UK, is a small holding company with an active status, established thirteen years ago in 2011. Employing twenty-seven people, the company holds assets worth £3,289,572 and operates from a real address. With three directors and one owner, Huub Ltd runs an e-commerce site and enjoys a Google rating of 4.0 based on ninety-three reviews. The company regularly imports and exports clothing and accessories made by knitting or crocheting, with nineteen months of import activity and twenty-one months of export activity recorded.

Huub Ltd’s website showcases a wide range of wetsuits and apparel for triathlon, swimming, and cycling. The site is well-designed and user-friendly, with clear product categories and detailed descriptions. It offers a “price match promise” and supports various payment options, including Klarna. The website also features a blog with content related to triathlon training and gear, and a podcast section. It’s clear that Huub Ltd is focused on serving the needs of serious athletes.

Looking at the company’s financial health, there are some concerning trends. Intangible assets have seen a significant increase in amortisation, with a growth of 89.0%, while depreciation on property, plant, and equipment has also risen, particularly for other property plant equipment. Bank borrowings have remained relatively stable, but cash reserves have decreased slightly. Most notably, net assets have plummeted by 75%, dropping to just £140,000—a substantial decline. Trade debtors have increased significantly, suggesting potential issues with customer payments. While the company’s small size (meeting two of three conditions for being classified as small) allows for flexibility, the drop in equity is a cause for concern. There's no auditor mentioned, which is common for small companies.

It seems that Huub Ltd is facing some financial pressures, despite its strong brand and loyal customer base. The company’s focus on high-quality products and excellent customer service is likely helping it weather the storm, but it will need to address these financial challenges to ensure its long-term success.

Registered in England/Wales under the registration number 07814502, with a registered address at DE1 3AF, England, Derby, 34 Full Street.

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