Theprelovedhypestore Ltd

Theprelovedhypestore Ltd from Leicester UK: a small, active company founded four years ago, employs two people, and holds £216,916 in assets. It operates as an e-commerce site with a real address and is managed by two directors and owners. The company’s primary focus is retail sales via mail order and the internet.

The Preloved Hype Store website showcases a wide array of clothing and accessories, including hoodies, sweatshirts, jeans, and jackets, with brands like Stussy, Carhartt, Adidas, and Bape prominently featured. The site offers a currency selector, allowing customers to shop in various international currencies. It also has a newsletter subscription and a section highlighting new arrivals and sales—like a 20% off promotion for Stussy. The site's design is clean and modern, with high-quality product images and a straightforward navigation system.

Financially, Theprelovedhypestore Ltd has experienced some interesting shifts. While net assets have grown by 67% to £100,000, cash reserves have decreased by 28% to £3,000. Bank borrowings have increased significantly, reaching £1,900. Trade debtors have also fallen considerably, suggesting a possible shift in credit terms. The company’s small size—meeting two of three conditions for being considered small—helps it maintain agility. It’s worth noting that the number of employees has doubled from two to four, which could be a driver of increased costs. The accounts are unaudited, and no auditor is mentioned.

Overall, Theprelovedhypestore Ltd seems to be navigating a period of change. While asset growth is positive, the increase in borrowings and decrease in cash reserves suggest it's burning through money. The increase in employees could be a sign of expansion, but it also adds to the financial pressure.

Registered in England/Wales under the registration number 12630086, with a registered address at LE3 6QD, England, Leicester, Leicestershire, 174 Dominion Road.

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