Bears Towers Limited

Bears Towers Limited is a small, active company based in Whitstable, UK, founded seven years ago in 2017. Employing just two people, the company holds £-5,892 in assets and operates from a real address at 81 High Street. With two directors and two owners, it’s a compact team navigating the retail landscape.

The company’s website, Bear Wood Furniture, showcases handcrafted nursery furniture, specifically Montessori-inspired pieces. The site is clearly an e-commerce platform, offering items like toy benches, play tables, bookcases, and play towers. A discount code (BWF20) encourages sales, and the site emphasizes customer testimonials and shipping information. It’s a well-presented online store, suggesting a focus on quality and design.

Financially, Bears Towers Limited is showing concerning trends. Current assets are a negative £-5,900, and net assets are also negative at -£72,000, indicating significant liabilities. Cash reserves have plummeted 72% to a mere £140, while bank borrowings have decreased slightly. Creditors have risen, and trade debtors have fallen. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the negative equity and dwindling cash are worrying. There’s no mention of an auditor, which is typical for a small, exempt company.

Overall, Bears Towers Limited appears to be burning through money. While the online store looks professional and the furniture is appealing, the financial data suggests a startup struggling to achieve profitability. The company's future hinges on its ability to generate sales and manage its debts—something that isn’t easy.

Registered in England/Wales under the registration number 10939816, with a registered address at CT5 1AY, England, Whitstable, 81 High Street.

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