R.havens Limited

R. Havens Limited, based in Leigh-On-Sea, UK, is a small, family business with an active status, celebrating 74 years since its founding in 1950. The company employs four people and holds £65,178 in assets. It operates from a virtual address, registered with sixty-two other companies, and is managed by three directors and two owners. R. Havens Limited runs an e-commerce site and irregularly imports ceramic products, with the last import operation recorded two months ago in June 2023.

The company's website, Havens Quality Homeware Online, showcases a vast selection of homeware, from cutlery and glassware to textiles and jewellery. It caters to various occasions, including weddings, anniversaries, and Christmas, and offers a wide range of brands, including Royal Doulton, Waterford Crystal, and Wedgwood. The site also features an outlet section with discounted items, indicating a focus on clearing stock and attracting budget-conscious shoppers. It’s a well-designed site, easy to navigate, and clearly aimed at a customer base seeking quality and traditional homeware.

Financially, R. Havens Limited is showing some concerning trends. Current assets have plummeted by 52%, falling to £65,000, while net assets have also decreased by 16%, now standing at £1.2 million. Bank borrowings have fallen by 11%, reaching £240,000, and cash reserves have vanished, dropping 100% to just £7. Trade debtors have also fallen by 57%, which could be a good thing or a sign of slowing sales. 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 remain agile, but the sharp decline in assets raises questions. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, R. Havens Limited appears to be a long-standing business facing financial pressures. While its e-commerce presence is well-established and its product range is extensive, the declining assets suggest a need for careful management and potentially a re-evaluation of its business strategy.

Registered in England/Wales under the registration number 00485070, with a registered address at SS9 2UL, England, Leigh-On-Sea, 1434 London Road.

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