Clothesmaid Ltd

Clothesmaid Ltd, based in Burton On Trent, UK, is a small, family-run business with an active status, having been founded eleven years ago in 2014. The company employs just two people and holds £88,800 in assets, operating from a real address and managed by two directors and owners. It boasts a stellar 5.0 Google rating based on 18 reviews, and regularly imports machinery, boilers, and mechanical appliances, with parts imported for the last nine months.

The company’s website showcases a range of traditional, ceiling-mounted wooden airers, marketed as an ecological alternative to tumble dryers. These airers, crafted from materials like ropes, pulleys, and cast iron, are assembled and finished in Staffordshire. The site also offers a selection of accessories, spares, and even a gift card option, catering to customers seeking a stylish and sustainable drying solution. It’s a niche business, focusing on a specific product and emphasizing British craftsmanship.

Financially, Clothesmaid Ltd presents a mixed picture. Cash bank on hand decreased by 32% to £27,000, while creditors rose by 11% to £85,000. Equity, however, took a significant hit, dropping 47% to £6,500. Current assets increased slightly to £89,000, and trade creditors decreased by 41%. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt as a small company.

Overall, Clothesmaid Ltd appears to be navigating a challenging environment. While the business maintains a strong online presence and positive customer reviews, the decline in equity raises questions about its long-term financial health. It’s a family business with a unique product offering, but its ability to sustain growth will depend on managing its debts and maintaining customer loyalty.

Registered in England/Wales under the registration number 08996169, with a registered address at DE13 9PD, Burton On Trent, Staffs, Unit 2 Lakes Court, Lancaster Park.

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