Leisurebench Limited

Leisurebench Ltd from Grantham UK: small company, holding company, active status, founded 20 years ago, 40 employees, £3,635,395 assets, real address, 1 director, 1 owner, google rating 5.0 based on 26 reviews. Regular importer of furniture, lighting, and prefabricated buildings (262 months imported). It’s a small business, meeting two of the three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company operates as a holding company and is currently active, having been incorporated on October 29, 2004.

Leisurebench Ltd specializes in the wholesale and retail of outdoor furniture, offering a wide range of products through its website, leisurebench.co.uk. The site showcases picnic tables, benches, rattan furniture, teak furniture, and various accessories, catering to both residential and commercial clients. It’s clear that the company is focused on e-commerce, with a user-friendly website and detailed product descriptions. The site also highlights the ability to provide bespoke furniture, suggesting a degree of customization and a focus on customer needs.

Financially, Leisurebench Ltd’s recent performance shows some concerning trends. While cash reserves increased by 140% to £470,000, net assets decreased by 11% to £2.5 million. Bank borrowings increased significantly, surging by 97% to £320,000, and trade debtors ballooned by 890%, which might indicate difficulties in collecting payments. Creditors also rose 35% to £34,000. The company’s average number of employees decreased by 18% to 33. With no auditor mentioned, the financial statements are unaudited.

Despite these challenges, Leisurebench Ltd maintains a strong online presence and a high Google rating, suggesting customer satisfaction. The company’s focus on quality outdoor furniture and its ability to offer bespoke solutions could help it navigate the current economic pressures. It’s also worth noting that the company’s holding structure might indicate a broader business strategy, though details on its subsidiaries are not readily available.

Registered in England/Wales under the registration number 05273230, with a registered address at NG31 7AA, England, Grantham, Lincolnshire, Leisurebench Ltd, Old Wharf Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.