Uk Homeware Ltd

Uk Homeware Ltd, based in Hinckley, UK, is a small, family-run business with an active status, having been established ten years ago in December 2014. The company employs just one person and holds £79,258 in assets. With two directors and two owners (though the list isn’s exhaustive), it operates an e-commerce site and enjoys a perfect 5.0 Google rating based on a single review. It’s a real address, with only one other company registered there.

The business primarily engages in retail sales via mail order and the internet. Its website showcases a range of homeware products, suggesting a focus on online retail. While small, it’s clearly aiming to provide a convenient shopping experience for customers seeking home goods.

Financially, Uk Homeware Ltd presents a mixed picture. Current assets have decreased by 9%, dropping to £79,000, while cash reserves have fallen by 16%, sitting at £61,000. Bank borrowings have increased, and debtors have risen significantly – 180% increase to £6,100. Creditors have also decreased by 16%, which is a positive sign. Equity has dropped by 8.7%, settling at £85,000. 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 nimble, but the decline in equity warrants attention. There’s no auditor mentioned, likely due to its small size and exemption from an audit.

Overall, Uk Homeware Ltd appears to be navigating a period of change. While its online presence is strong and customer reviews are excellent, the financial data suggests it’s burning through cash. Whether this is a temporary setback or a longer-term trend remains to be seen, but the company’s family-run nature and focus on e-commerce could be key to its future success.

Registered in England/Wales under the registration number 09365438, with a registered address at LE10 3BP, England, Hinckley, Leicestershire, Unit 6 Alan Bray Close, Dodwells Bridge Ind Estate.

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