Compare The Bathroom Limited

Compare The Bathroom Limited is a small, active company registered in Newcastle Upon Tyne, UK, and has been operating for fifteen years. Founded in 2010, it employs just three people and holds assets of £97,085. The company operates from a virtual address—thirty-nine other companies share the same location—and is run by three directors and three owners, all part of a family business. It runs an e-commerce site, selling bathroom products online.

The company’s website highlights a focus on retail sale via mail order and internet, offering a wide range of bathroom fixtures and accessories. While the site doesn’s provide extensive details about the business’s history or mission, it does showcase a selection of products and a commitment to customer service.

Financially, Compare The Bathroom Limited’s recent performance reveals a mixed picture. Current assets have fallen significantly, dropping 33% to £97,000. Bank cash has also decreased by 16%, now at £93,000. Debtors have plummeted by a staggering 90%, leaving only £3,900 outstanding. Equity has also seen a sharp decline, falling 61% to £13,000. Creditors have decreased by 44%, suggesting improved management of short-term debts. There’s also a notable increase in “other creditors,” rising 1200% to £8,800. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in equity is concerning. As a small company, it’s exempt from an audit, so the accounts are unaudited.

It seems like the company is facing some financial pressures, with declining assets and equity. Whether this is a temporary setback or a longer-term trend remains to be seen, but the company’s focus on e-commerce and family ownership could help it weather the storm.

Registered in England/Wales under the registration number 07209209, with a registered address at NE1 4BX, United Kingdom, Newcastle Upon Tyne, C/O Armstrong Watson 1st Floor, One Strawberry Lane.

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