Huxley-parlour Limited

Huxley Parlour Ltd from London UK: a small holding company with an active status, was founded 13 years ago in 2012. The company employs seven people and holds assets valued at £1,837,978. It has a real address, is overseen by one director, and has two owners. Huxley Parlour Ltd regularly imports and exports art and antiques, with 53 months of import activity and 121 months of export activity recorded.

The company operates within the photographic activities not elsewhere classified industries. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. It's a holding company, and the company is active.

A review of the company’s financial data reveals a mixed picture. Current assets have increased by a significant 36%, reaching £1.8 million, while fixed assets have decreased by 8.3%, settling at £210,000. Cash reserves have seen a substantial jump, increasing by 300% to £340,000. However, net losses have deepened, with a 6.7% decrease in equity to £530,000. Bank borrowings have remained stable, at £25,000. Creditors have increased by 29%, reaching £720,000, and trade debtors have ballooned by 170%, reaching £750,000. The increase in debtors could indicate a shift towards extending credit terms to customers, or potentially, difficulties in collecting payments.

The company's financial health appears to be in a transitional phase. The growth in assets and cash reserves is encouraging, but the increase in creditors and trade debtors, coupled with the decrease in equity, suggests that the company is burning through money. The lack of an auditor mentioned, likely due to its small size, means that the financial statements are unaudited. It’s clear that the company is still finding its footing and needs to carefully manage its cash flow to ensure its long-term viability.

Registered in England/Wales under the registration number 07918845, with a registered address at W1B 4DE, England, London, 3-5 Swallow Street.

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