Cabbunk Ltd

Cabbunk Ltd, based in Stoke On Trent, UK, is a small, active company founded twelve years ago in 2012. With three employees and £94,143 in assets, it operates from a virtual address – sixty other companies are registered there, which is a little unusual. The company is run by three directors and owned by two people. Cabbunk Ltd irregularly imports vehicles, parts, and accessories (not for trains or trams) for a month, and exports textile products, sets, used clothing, and rags for two months.

The company’s website, Cabbunk, focuses on a very specific niche: adding extra child beds into campervans and motorhomes. It’s essentially invented a patented system called Cabbunk that allows families to easily add two child beds into their campervans, transforming them into family-friendly spaces. The website highlights the product's ease of installation, lightweight design, and suitability for various campervan models. Testimonials from satisfied customers praise the product's cleverness and convenience. It seems like a very focused, direct-to-consumer business.

Financially, Cabbunk Ltd shows some concerning trends. While average employees remained stable at three, net assets have fallen by a significant 50%, dropping to £84,000. Cash reserves also declined by 28%, to £27,000. Bank borrowings have been reduced dramatically, which is good, but the drop in assets suggests the company might be burning through cash. Trade creditors have also decreased, which is a positive sign. The company’s small size (meeting two of three conditions for being small) means it’s likely exempt from an audit, so the figures are unaudited.

Overall, Cabbunk Ltd appears to be a niche business with a clever product, but the declining assets and cash reserves suggest it needs to carefully manage its finances to ensure its long-term sustainability. It’s a small company with a big idea, and hopefully, it can keep the momentum going.

Registered in England/Wales under the registration number 08278336, with a registered address at ST4 6SR, England, Stoke On Trent, Staffordshire, C/O Dpc Accountants Stone House, 55 Stone Road Business Park.

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