For The Love Of Leisure Limited

For The Love Of Leisure Ltd from Leatherhead UK: small company, active status, founded 9 years ago, £43,413 assets, real address, 2 directors, 2 owners, family business. Irregular importer of straw or plaiting material products (2 months imported). 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 last reported current assets is £43,413.

The company operates in the other retail sale not in stores, stalls or markets industries. It's a family business with two directors and two owners. The company is an irregular importer, with its top import category being Straw or plaiting material products, totaling 2 months of imports. The last import operation was conducted on October 01, 2019.

The company’s website, Chelsea Home and Leisure Ltd, is a fully functional e-commerce platform specializing in garden furniture, dining sets, and related accessories. The site showcases a wide range of products, including rattan, teak, and ceramic dining tables, as well as pergolas and outdoor sofas. It’s clear the company focuses on high-end, luxury items, with a particular emphasis on ceramic dining tables, offering various styles and finishes. The website also features a blog with articles on garden design and furniture care, suggesting a desire to engage customers beyond just sales. It’s a very well designed site, and they have a good selection of products.

Financially, For The Love Of Leisure Ltd appears to be facing some challenges. Current assets have decreased by 23%, dropping to £43,413, while net losses have increased significantly, resulting in a negative equity of -£6,500. Bank borrowings have increased by 80%, reaching £960, and cash reserves have fallen dramatically by 80% to £4,700. Creditors have risen by 18%, suggesting increased short-term liabilities. The company’s small size (meeting two of three conditions for being a small company) helps it remain agile, but the substantial equity decline raises concerns. The lack of an auditor mentioned (likely exempt as a small company) means the financial information is unaudited.

In short, For The Love of Leisure Ltd is a family-run business with a strong online presence, but it’s facing financial headwinds. While the website showcases a high-quality product selection, the company needs to address its declining equity and manage its liabilities to ensure long-term sustainability.

Registered in England/Wales under the registration number 10120310, with a registered address at KT22 8JD, United Kingdom, Leatherhead, Surrey, 1 Outer Cottages, Thorncroft Drive.

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