Canvas Home Ltd

Canvas Home Ltd, based in Croydon, UK, is a small company with an active status, established ten years ago in 2014. It employs two people and holds £303,273 in assets, operating from a virtual address where thirteen other companies are registered. The company is run by two directors and has one owner. It operates an e-commerce site and regularly imports and exports ceramic products – 10 months of imports and 6 months of exports respectively.

Canvas Home Ltd operates in the other retail sale not in stores, stalls or markets industries. It’s considered a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s bank borrowings increased by 22% to £25,000, while cash reserves decreased significantly by 83% to just £3,600. Creditors rose by 8%, and trade debtors fell by 18%, suggesting some improvements in debt management. Equity has declined by 7.2%, resulting in net assets of -£220,000.

The company’s financial picture shows a mixed bag. While the e-commerce site appears active, the declining cash reserves and negative equity raise concerns about its long-term financial health. It's possible the company is reinvesting in its business, but the lack of cash on hand could make it vulnerable to unexpected expenses. The reliance on bank borrowings suggests a need for careful cash flow management. The absence of an auditor, common for small companies, means these figures are unaudited. It’s likely the company is working hard to maintain its online presence and ceramic product trade, but the financial data suggests it’s facing some challenges.

Registered in England/Wales under the registration number 09271888, with a registered address at CR0 1JG, Croydon, Surrey, 73 Park Lane.

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