Hypebeast Uk Limited

Hypebeast Uk Limited, based in London, UK, is a small, active company founded eight years ago in 2017. With 84 employees and £26,172,227 in assets, it operates from a real address in Wework, Mark Square. The company is led by a single director and owner, solo founder Ma Kevin Pak Wing, and enjoys a perfect 5.0 Google rating based on one review. It’s an irregular importer of clothing and accessories, not knitted or crocheted, with just two months of import activity recorded as of July 2023. The company’s website doesn’t offer much detail, but it appears to focus on media representation services.

Financially, Hypebeast Uk Limited presents a mixed picture. While current assets increased by a substantial 61% to £26 million, net losses deepened to -£23,000. Cash reserves fell dramatically by 83% to just £15,000, and bank borrowings surged by 2,400%, reaching £29,000. Trade debtors ballooned by 62%, suggesting delayed customer payments. Creditors rose 60% to £25 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s reliance on a single owner and director could also present challenges in the long run, but the high asset base suggests a stable foundation. It's possible the company is investing heavily in growth, which explains the lower cash reserves and increased borrowings.

Registered in England/Wales under the registration number 10780199, with a registered address at EC2A 4EG, England, London, Wework,, Mark Square.

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