Lifestyle Appliances Limited

Lifestyle Appliances Limited, based in Alcester, UK, is a small, holding company with an active status. Founded 24 years ago in 2001, it employs eight people and holds £1,678,595 in assets. The company operates from a virtual address—twenty-nine other companies registered at the same location—and is overseen by three directors and one owner. It regularly imports and exports iron or steel products, with 128 months of import activity and 32 months of export activity recorded.

The company’s website showcases a wide range of products, from indoor heaters and firepits to camping gear, barbecues, and pet accessories. It appears to be a trade-exclusive catalogue, offering a comprehensive range of outdoor leisure products. The site actively promotes itself as a supplier to trade customers, encouraging them to become stockists and offering technical support. It’s clear they’re focusing on wholesale rather than direct-to-consumer sales.

Financially, Lifestyle Appliances Limited is showing some concerning trends. Current assets have fallen by 19%, dropping to £1,700,000, while net assets have also decreased by 15%, settling at £1,500,000. Cash reserves have taken a significant hit, falling 56% to £270,000. Trade debtors have also shrunk by 32%, which could be a good sign of improved collection, but it’s worth noting. On the plus side, creditors have decreased by 41%, suggesting better management of short-term liabilities. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decline in equity is something to keep an eye on. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Lifestyle Appliances Limited seems to be navigating a period of adjustment. While its product range and trade focus are strengths, the financial data suggests it’s burning through cash at a faster rate. The company’s future likely hinges on its ability to maintain strong relationships with its trade customers and manage its expenses effectively.

Registered in England/Wales under the registration number 04195949, with a registered address at B49 6PW, England, Alcester, 2 Croft Court Croft Lane, Temple Grafton.

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