Garden Of Rattan Limited
- Small
- Active
- 2 years
- 4 employees
- £1,121,129 (assets)
- £888,635 (revenue)
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
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
Summary
Garden Of Rattan Limited is a small, active company based in London, UK, founded two years ago. It employs four people and holds assets worth £1,121,129, generating a yearly revenue of £888,635. The company, led by a solo founder, Spatulay Daniel, operates an e-commerce site specializing in rattan garden furniture. It has a real registered address and one director.
The company’s website showcases a wide range of rattan furniture, from dining sets and sofas to sun loungers and chairs, available in various colors and sizes. It offers free shipping for orders over £699 and emphasizes customer service, with a perfect 5.0 Google rating. The site also features a blog with tips and tricks for maintaining rattan furniture.
Financially, Garden Of Rattan Limited shows a period of significant growth. Current assets have increased by a remarkable 440%, reaching £1,100,000, while turnover has jumped 180% to £890,000. Net assets have also increased substantially, reaching £1,400,000. However, distribution costs have risen significantly, increasing by 280% to £120,000, and the number of employees has increased dramatically, from four to sixteen—a 300% increase. 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 rapid expansion in employees and distribution costs may present challenges. There's no mention of an auditor, which is typical for a small, exempt company. The company's success appears to be driven by its focus on a niche market and its commitment to customer satisfaction, but it will be interesting to see how it manages its growth in the coming years.
Registered in England/Wales under the registration number 14087279, with a registered address at N18 3BH, United Kingdom, London, Unit B3 Edmonton Industrial Park, 30 Nobel Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Spatulay Daniel
- 2 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Spatulay Daniel
- 2 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Total exemption full accounts made up to 2024-05-31Download 12 pages pdf report
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Compulsory strike-off action has been discontinuedDownload 1 page pdf report
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Confirmation statement made on 2024-05-04 with no updatesDownload 3 pages pdf report
FAQ about Garden Of Rattan Limited
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