Hype Design Ltd.
- Small
- Active
- 10 years
- Accounts overdue 5 months
- 2 employees
- £144,880 (assets)
- Real address
- 2 directors
- 2 owners
- Irregular importer
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Hype Design Ltd from Mitcham UK: small company, active status, founded 10 years ago, accounts overdue 5 months, 2 employees, £144,880 assets, real address, 2 directors, 2 owners, e-commerce site. Irregular importer of glass and glassware (1 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £144,880.
Hype Design London operates an e-commerce site selling designer kitchenware and homeware, with a strong emphasis on brands like Keith Brymer Jones, Eva Solo, and Zuperzozial. The website features a wide range of products, from mugs and glassware to knives and cookware, catering to customers seeking stylish and functional items for their homes. The company’s website boasts a 5-star rating and offers free UK delivery, fast returns, and a 30-day money-back guarantee. The site also highlights customer reviews and showcases a blog with articles on eco-friendly kitchenware and kitchen organization tips. It seems they are really trying to engage customers.
Financially, Hype Design Ltd’s recent accounts reveal a mixed picture. While the company’s net assets decreased by 13% to £110,000, cash reserves fell by a significant 48% to just £36,000. Bank borrowings increased substantially, jumping 780% to £1,600. Creditors also decreased by 33%, which is a positive sign. 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 it to remain agile, but the decrease in equity and cash reserves suggests a need for careful financial management. The accounts are unaudited, likely due to the company's small size and exemption from an audit. It’s a little concerning that loans from directors increased so much, though.
Registered in England/Wales under the registration number 09371362, with a registered address at CR4 2AP, England, Mitcham, Unit 3 85 Streatham Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Maghnagi Esther
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- Johnson Matthew Neil
- 9 years
- 3
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Johnson Matthew Neil
- 10 years
- 2
-
Resident of United Kingdom
-
Individual
- Maghnagi Esther
- 10 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Compulsory strike-off action has been discontinuedDownload 1 page pdf report
-
Confirmation statement made on 2025-01-02 with no updatesDownload 3 pages pdf report
-
First Gazette notice for compulsory strike-offDownload 1 page pdf report
Importer profile by HS codes
Last imported products
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FAQ about Hype Design Ltd.
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