Crafted Beds Ltd

Crafted Beds Ltd from Batley UK: small company, active status, founded 4 years ago, 4 employees, £45,491 assets, virtual address, 1 director, 1 owner, e-commerce site. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and four employees.

The company's website, Crafted Beds, showcases a range of beds, mattresses, and headboards, emphasizing handmade quality and a "Made in Yorkshire" ethos. It’s clearly an e-commerce operation, with a user-friendly site, detailed product descriptions, and customer reviews prominently displayed. They even offer free fabric samples – a nice touch. The site also features a blog with helpful articles on topics like choosing the right mattress size and cleaning your bed. It seems they're trying to build trust and expertise in the sleep space.

Financially, Crafted Beds Ltd presents a mixed picture. Current assets have decreased significantly, falling by 30% to £45,491, while net assets have plummeted a staggering 810% to -£22,000. Cash bank on hand has also seen a sharp decline, dropping 86% to just £5,000. Trade debtors have increased by 40%, which could indicate growing sales, but also potentially delayed payments. On the positive side, creditors have decreased slightly, suggesting improved debt management. The company’s small size helps it stay nimble, but the substantial equity drop is concerning. No auditor is mentioned, which is common for small, exempt companies.

The substantial losses and dwindling cash reserves suggest Crafted Beds Ltd is burning through money. The virtual address is a bit odd, but it’s likely a cost-saving measure. While the company’s online presence and customer reviews are promising, the financial data raises questions about its long-term viability. It’s a small business with big ambitions, but it will need to find a way to turn those losses into profits.

Registered in England/Wales under the registration number 13006369, with a registered address at WF17 5SB, England, Batley, Branch House, 31-33 Branch Road.

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