Hot Tub Master Ltd

Hot Tub Master Ltd, based in Nottingham, UK, is a small, active company founded nine years ago. With a single employee and £2,361,868 in assets, it’s a modest operation run by two directors and one owner. The company operates an e-commerce site and enjoys a stellar 5.0 Google rating from 227 reviews.

The website, Hot Tub Master, is dedicated to selling luxury hot tubs, offering a range of models from 4-seater to 6-seater, with various jet and pump configurations. The site prominently features sale items and financing options, and it’s clear that the company is focused on online retail and direct-to-consumer sales. They offer fast delivery and positioning, a 49 deposit, and a two-year warranty—all designed to make the purchase as easy as possible. The site also highlights expert engineers ready to answer questions, reinforcing a customer-centric approach.

Financially, Hot Tub Master Ltd presents a mixed picture. Cash reserves increased by a healthy 11% to £1.2 million, demonstrating good liquidity. However, creditors decreased significantly by 78%, dropping to £110,000—this could indicate better debt management or potentially reduced supplier credit. Current assets also fell by 17%, settling at £2.4 million, and net assets decreased by 4.7% to £2.3 million. Trade debtors decreased by 15%, suggesting quicker payment collection. The company's small size (meeting two of three criteria for a small company) allows for agility, but the slight decrease in equity warrants a closer look. The company's accounts are unaudited, exempt as a small company, so the figures rely on director-reported data.

Overall, Hot Tub Master Ltd appears to be a financially stable, albeit small, business with a strong online presence and positive customer reviews. The decrease in net assets, however, suggests a need for careful monitoring of expenses and potential investments to maintain long-term growth.

Registered in England/Wales under the registration number 10003023, with a registered address at NG8 4GU, England, Nottingham, 11 Glaisdale Drive East.

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