Basic House Ltd.

Basic House Ltd, based in Willenhall, UK, is a small, active family business founded eleven years ago. With nine employees and £856,411 in assets, the company operates an e-commerce site specializing in wicker baskets, wooden crates, and related storage solutions. It has a real address and is overseen by two directors and owners. Google reviews are not so good, with a rating of 1.0 based on just one review. The company regularly imports straw or plaiting material products, with the latest import operation occurring in January 2025.

The company's website, Wickerfield, showcases a wide range of baskets and crates for storage, gift packaging, and even pet beds. It offers bespoke services, allowing customers to personalize their orders—a nice touch. The site also highlights its commitment to quality and British craftsmanship, with a focus on natural materials like water hyacinth and seagrass. It seems like they are trying to appeal to a broad market, from home decorators to businesses needing packaging solutions.

Financially, Basic House Ltd presents a mixed picture. Accumulated depreciation on property and equipment has increased significantly—a 150% jump—suggesting investment in fixed assets. However, cash bank holdings have fallen by 13% to £110,000, and net assets have decreased by 120% to -£87,000. Creditors have also increased by 3.3%, and bank borrowings have increased by 2400%. It’s worth noting that the company’s small size (meeting two of three criteria for a small company) means it’s likely exempt from an audit, so the figures are unaudited. The increase in creditors and decrease in cash suggests the company might be facing some short-term cash flow challenges, but it’s also possible that the increased investment in equipment is a sign of future growth. The company’s net assets are negative, which is not a good sign.

Registered in England/Wales under the registration number 08594344, with a registered address at WV12 5QU, England, Willenhall, West Midlands, Unit 8 - 10 Ezekiel Lane.

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