Red Hamper Ltd

Red Hamper Ltd from Salisbury UK is a small, active company founded seven years ago. It holds £2,555 in assets and generates £153,147 in yearly revenue. The company operates as a solo-founded e-commerce site with a real address and is managed by one director and owner.

The website showcases a wide range of wicker baskets and related accessories, catering to picnic, home decor, and storage needs. It offers a diverse selection, from cool baskets and drinks baskets to laundry baskets and pet beds, with a focus on traditional craftsmanship and stylish designs. The site also offers a range of accessories like picnic blankets and cutlery holders. It’s a well-stocked online store, and the website is very easy to navigate.

Financially, Red Hamper Ltd presents a mixed picture. Current assets have fallen by a significant 59%, dropping to £2,600, while net assets have also declined slightly, falling to -£57,000. Bank borrowings have increased dramatically, rising by 150% to -£78,000, suggesting a reliance on external financing. However, creditors have decreased by 7.1%, which could indicate improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decline in equity is a cause for concern. The company is exempt from an audit as a small company, so the figures are unaudited.

It seems like Red Hamper Ltd is experiencing some financial pressures, despite a well-designed website and a broad product range. The company’s ability to sustain its growth will likely depend on its ability to manage its debts and improve its profitability.

Registered in England/Wales under the registration number 11229294, with a registered address at SP5 1RS, United Kingdom, Salisbury, Wiltshire, Thistles Youngs Paddock, Winterslow.

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