Cwtchie Ltd

Cwtchie Ltd is a small, active company based in Cardiff, UK, founded four years ago. With two employees and £26,770 in assets, it operates as an e-commerce site boasting a stellar 5.0 Google rating from 18 reviews. The company, owned and directed by Lloyd-owen Catherine Anna and Williams Paula Michelle, specializes in retail sales via mail order and the internet, offering unique "hoodie blankets" marketed as wearable hugs.

The Cwtchie website showcases a range of oversized, super-soft hoodie blankets in various colors and patterns, catering to both adults and children. The site emphasizes the blankets' comfort, quality, and Welsh heritage, offering free UK delivery and a complimentary drawstring bag with each purchase. The blog features content related to cozy living and Welsh culture, reinforcing the brand's identity.

Financially, Cwtchie Ltd presents a mixed picture. Cash reserves surged an impressive 1200%, reaching £4,200—a positive sign of improved liquidity. However, net assets declined significantly, dropping 110% to -£30,000, suggesting ongoing losses. Creditors have increased substantially, jumping 2100% to £6,000, which could indicate reliance on short-term financing. Trade debtors also rose, increasing by 19%, which might reflect a change in payment terms or delayed customer payments. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the equity decline warrants attention. As a small company, it's exempt from an audit, so the financial statements are unaudited.

Registered in Wales under the registration number 13312103, with a registered address at CF5 6HG, Wales, Cardiff, 6 Prince Of Wales Drive, St. Fagans.

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