Foam Experts Ltd

Foam Experts Ltd, based in Basildon, UK, is a small, active company founded two years ago. With £35,996 in assets and a real address, it's a lean operation managed by one director and owner. The company regularly imports textile padding, felt, and nonwoven fabrics, special yarns, and ropes and cables—the latest shipment arriving in September 2024.

The company's website highlights its role as a trusted mattress manufacturer, offering high-quality foam and mattresses for homes, hotels, healthcare facilities, and businesses. It emphasizes a commitment to comfort, durability, and sustainability, with tailored solutions and a customer-centric approach. They even offer custom foam designs. Their expertise spans residential mattresses, hospitality foam, healthcare applications, and commercial products.

Financially, Foam Experts Ltd presents a mixed picture. While the company is small (meeting two of three conditions for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity has been in the negative for a while, currently standing at -£40,000. Bank borrowings are substantial at £300,000, and cash reserves are low at just £9,200. Trade debtors are at £27,000, and creditors are at £310,000. Depreciation charges have remained consistent, with a total of £60,000. The lack of an auditor is not surprising given its small size.

Despite these challenges, Foam Experts Ltd appears to be holding its own, leveraging its manufacturing expertise and customer focus. The company’s website and marketing efforts suggest a dedication to quality and innovation—though the financial figures indicate a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 14525753, with a registered address at SS14 3SD, England, Basildon, Rodwell House, Bentalls.

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