Dreamspas Limited
- Small
- Active
- 9 years
- 14 employees
- £351,153 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Solo founder
- E-commerce
- Rating 5.0 (83)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Dreamspas Ltd, based in Bristol, UK, is a small, active company founded nine years ago. Employing fifteen people and boasting £438,022 in assets, it’s a solo-founded operation led by a single director and owner, Kuduse Muhammed Abdul. The company enjoys a stellar 5.0 Google rating from 83 reviews, and regularly imports optical and medical tools and devices—twenty-eight months of import activity were recorded, with the most recent in February 2025.
The company’s website, Luxury for Less, showcases a range of hot tubs, swim spas, saunas, and accessories, primarily from the Wellis brand. It operates as an e-commerce business, offering products with discounts and finance options. The site emphasizes premium relaxation and eco-friendly luxury, and even offers optional upgrades like a smart heating system. It’s clear that Dreamspas Ltd is targeting a higher-end market, offering a curated selection of products and a user-friendly online shopping experience.
Financially, Dreamspas Ltd presents a mixed picture. While the company’s net assets increased by 4.8% to £320,000, several key metrics have declined. Current assets dropped by 19% to £440,000, and cash reserves fell by 43% to £42,000. Bank borrowings decreased by 29% to £27,000, and trade creditors decreased by 27% to £52,000. Loans from directors, however, increased significantly—by 90%—reaching -£69,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile, but the increase in loans from directors raises questions about its financial stability. As a small company, it’s exempt from an audit, so the figures are unaudited. It’s also worth noting that depreciation on motor vehicles increased by 38%, which may indicate increased investment in transportation or a need for vehicle replacements.
Registered in England/Wales under the registration number 10169632, with a registered address at BS31 2AD, England, Bristol, Unit 2 Hicks Gate, Brislington.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 8
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 9 years
- 8
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Total exemption full accounts made up to 2024-06-30Download 7 pages pdf report
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Confirmation statement made on 2024-11-21 with no updatesDownload 3 pages pdf report
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Registered office address changed from Willis House Flowers Hill Bristol BS4 5JJ England to Unit 2 Hicks Gate Brislington Bristol BS31 2AD on 2024-11-21Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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