Ergolife Seating Limited

Ergolife Seating Ltd, based in Cheshire, UK, is a small holding company with an active status, having been founded 21 years ago. The company employs six people and holds £395,445 in assets, operating from a real address and managed by two directors and one owner. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import activity occurring two months ago in November 2022.

The company’s primary focus is providing ergonomic solutions for the workplace. Its website showcases a range of products, including ergonomic chairs, height-adjustable desks, and accessories, catering to businesses, students, and home workers. It offers assessments to establish working conditions and provides specialist equipment to improve posture and prevent musculoskeletal problems. The website even has a section on Neurodiversity, suggesting a commitment to inclusive workplace design. The company operates in the other retail sale not in stores, stalls or markets industries.

Financially, Ergolife Seating Ltd’s recent performance shows some concerning trends. Current assets decreased by 30%, falling to £400,000, while net assets plummeted 42%, landing at £120,000. Bank borrowings remained steady at £55,000, but cash reserves declined by 38%, dropping to £220,000. Creditors also decreased by 17%, suggesting better debt management, however. 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 for flexibility, but the sharp drop in equity warrants further investigation. With no auditor mentioned, the figures are unaudited.

The company’s depreciation for computer equipment decreased by 23%, while furniture fittings increased by 56%. It's hard to say what the reasons are, but it’s likely to do with the changing nature of the business. Overall, Ergolife Seating Ltd appears to be navigating a period of adjustment, balancing its commitment to ergonomic solutions with the challenges of a changing economic landscape.

Registered in England/Wales under the registration number 05052220, with a registered address at SK9 6LJ, Cheshire, 9 Thoresway Road, Wilmslow.

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