Bed Factory Deals Ltd
- Small
- Active
- 8 years
- 20 employees
- £165,308 (assets)
- Real address
- 1 director
- 2 owners
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Bed Factory Deals Ltd, based in Manchester, UK, is a small, active company founded eight years ago. Employing twenty people, it holds £165,308 in assets and operates an e-commerce site specializing in beds, mattresses, and headboards. With one director and two owners, the company’s real address is located within a business park.
The company’s website, Bed Factory Direct, showcases a wide range of products, from divan beds and ottomans to memory foam mattresses and upholstered headboards. It caters to various tastes and budgets, offering custom-sized options and next-day delivery. The site also highlights brands like Silentnight, Sealy, and Harrison Spinks, indicating partnerships with established manufacturers. The company prides itself on being a direct-to-consumer manufacturer, cutting out the middleman to offer competitive prices.
Financially, Bed Factory Deals Ltd presents a mixed picture. Cash reserves increased by 23% to £70,000, a positive sign of improved liquidity. However, net assets decreased by 55% to £13,000, suggesting a decline in retained earnings. Trade debtors plummeted by 99%, a significant change that could indicate better collection practices, but also potentially reduced sales. Creditors increased by 10%, and fixed assets decreased by 25%. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity warrants attention. As a small company, it is exempt from an audit, and the financial statements are unaudited.
The company's increased creditors may indicate a need to manage its finances more closely, or it could be a result of expanding operations. It's a bit unclear.
Registered in England/Wales under the registration number 10439894, with a registered address at M40 8BB, England, Manchester, Unit 77 Carrioca Business Park, 2 Sawley Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Aslam Mehtab
- 8 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Khan Zulffiqar Ahmed
- 8 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Aslam Mehtab
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Total exemption full accounts made up to 2023-10-31Download 6 pages pdf report
-
Confirmation statement made on 2024-07-24 with updatesDownload 5 pages pdf report
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Previous accounting period shortened from 2023-10-31 to 2023-10-30Download 1 page pdf report
FAQ about Bed Factory Deals Ltd
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