Hideaway Beds Limited

Hideaway Beds Ltd, based in Plymouth, UK, is a small holding company with an active status, celebrating 32 years in business. Founded in 1993, the company employs just two people and holds £287,062 in assets. It operates from a real address and is overseen by three directors and one owner, boasting a stellar 5.0-star Google rating based on 22 reviews. The company is a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 22 months of import activity recorded.

Hideaway Beds Ltd specializes in wall bed solutions, offering a range of products from complete systems and modular storage to mattresses and spare parts. Its website highlights a commitment to space-saving furniture, catering to both residential and commercial clients. The company even has a showroom in Harrods, London. The website also features a blog with articles on topics like improving airflow and space efficiency.

Financially, Hideaway Beds Ltd shows some interesting trends. Current assets remained relatively stable at £290,000, while net assets increased by 10% to £190,000. However, bank borrowings decreased by 73%, and cash reserves dropped 30% to £180,000. Creditors also decreased by 12%, suggesting improved debt management. The company meets the criteria to be considered small, with a turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, which is likely due to its small size.

The company’s financial performance suggests a stable, if not rapidly growing, business. The decrease in cash reserves could be due to increased investment in inventory or marketing efforts. The company’s focus on a niche market—wall beds—and its strong online presence position it well for continued success, but it will be interesting to see if the company can maintain its growth trajectory.

Registered in England/Wales under the registration number 02813154, with a registered address at PL7 4JH, England, Plymouth, Devon, Unit 1, Bluewater Estate Bell Close, Newnham Industrial Estate, Plympton.

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