Litchfield Home Ltd

Litchfield Home Ltd is a small, active family business based in Swansea, UK, founded two years ago in August 2022. The company employs two people and operates from a real address, managed by two directors and two owners. It’s a private limited company registered in England/Wales with the registration number 14302780. The business focuses on retail sales via mail order and internet, as evidenced by its website.

The website primarily showcases a commitment to cookies and analytics, offering users the option to accept or reject non-essential cookies. There's a clear focus on understanding website usage through Google Analytics. It’s not immediately obvious if the site is fully operational for e-commerce, but the presence of cookie consent banners suggests a desire to track user behavior.

Financially, Litchfield Home Ltd presents a concerning picture. While the company is small (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity sits at a negative £1,600. Cash on hand is a meager £130, and net current assets liabilities are also negative at -£1,600. Creditors and other creditors are both at £1,400 and £1,700 respectively. These figures suggest the company is burning through money, rather than generating a profit. The lack of retained earnings is particularly worrying. No auditor is mentioned, which is typical for small companies exempt from an audit. It's worth noting that the company’s financial statements are unaudited.

The company’s directors, Litchfield Jake and Litchfield Mark Andrew, appear to be heavily involved, holding both director and owner roles. While the family structure can foster loyalty and efficiency, it also presents potential management challenges if decisions aren't made objectively. The company’s reliance on a small workforce—just two employees—means any disruption could significantly impact operations.

Registered in England/Wales under the registration number 14302780, with a registered address at SA1 7DN, Wales, Swansea, 272 Jersey Road, Bonymaen.

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