Junior Hagen Limited

Junior Hagen Ltd, based in London, UK, is a small, active company with a rich history, having been founded 49 years ago. With three employees and £214,156 in assets, it’s a modest operation managed by four directors and one owner, Hagen Eric. The company has a real address and operates from a business center in Park Royal. Junior Hagen Ltd is a regular importer of special woven and decorative fabrics, with 15 months of import activity recorded, and has occasionally exported clothing and accessories, though only for a single month.

The company’s website showcases a diverse range of textile trims and embellishments, including chains, studs, braids, guipures, and more. It appears to operate as a wholesale supplier, catering to designers and manufacturers. The website's product presentation, with its frequent "Read More" prompts, suggests a focus on visual appeal and detailed descriptions rather than direct e-commerce sales. It's likely the company works with retailers and manufacturers, providing them with materials for their own products.

Financially, Junior Hagen Ltd shows a mixed picture. While cash bank on hand decreased by 12% to £87,000, creditors were reduced by a significant 21%, dropping to £70,000. Trade debtors, however, increased by 30%, reaching £18,000. Net assets grew by 19%, reaching £160,000, a positive sign. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the rise in trade debtors could indicate challenges in collecting payments. There is no auditor mentioned, likely due to the company’s exemption as a small entity.

Overall, Junior Hagen Ltd appears to be a stable, long-standing business, but the increase in trade debtors warrants attention. The company’s focus on specialized textiles and its established presence in the industry suggest a resilient business model, though a closer look at its payment collection processes might be beneficial.

Registered in England/Wales under the registration number 01215836, with a registered address at NW10 7PA, England, London, 8 Park Royal Metro Centre, Britannia Way.

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