Urban Cottage Industries Ltd

Urban Cottage Industries Ltd from Hebden Bridge, UK, is a small, active company established fifteen years ago in 2010. Employing ten people, it holds assets valued at £235,843, operating from a real address in Greenhill Mills. With two directors and two owners, the company regularly imports electrical machinery and equipment – nineteen months of import activity recorded, the last in July 2024 – but doesn’t export anything.

The company’s website, Urban Cottage Industries, showcases a wide range of lighting products, from wall and ceiling lights to fabric cable and light bulbs. It’s clear that the company focuses on creating and selling unique, industrial-style lighting, with a strong emphasis on British craftsmanship and a circular economy approach. The website also highlights the possibility of custom designs, offering customers the opportunity to create their own lighting solutions. It’s a very active site, with a blog and a focus on customer service.

Financially, Urban Cottage Industries Ltd shows some concerning trends. Cash reserves have plummeted 94%, leaving only £2,700, and net assets have fallen 38% to £170,000. Debtor’s have increased significantly, by 50%, suggesting a reliance on customer payments. However, creditors have decreased by 18%, which could indicate improved debt management. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, so the accounts are unaudited.

The sharp decline in cash reserves and net assets, combined with the increase in debtors, suggests that the company is burning through money. Whether this is a temporary setback or a longer-term challenge remains to be seen, but it will be important for Urban Cottage Industries Ltd to manage its finances carefully in the coming months.

Registered in England/Wales under the registration number 07211785, with a registered address at HX7 5QF, United Kingdom, Hebden Bridge, Urban Cottage Industries Ltd, Greenhill Mills.

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