Love Canvas Ltd

Love Canvas Ltd, based in Polegate, UK, is a small, family-run business with an active status, having been founded five years ago. Employing just two people, the company holds £269,941 in assets and operates from a real address within a business park. With two directors and two owners, it’s a close-knit operation boasting a stellar 5.0 Google rating from 45 reviews. The company is an irregular importer, primarily dealing in textile products, used clothing, and rags, with its last import activity recorded a year ago.

Love Canvas Ltd’s website showcases a wide range of bell tents and accessories, catering to the glamping market. It offers both tents for sale and rental options, alongside a selection of awnings, shelters, stoves, and flooring. The site emphasizes quality canvas, a 12-month warranty, and a price match guarantee. A separate section promotes "Igloo Domes"—clear, transportable pods—and highlights a finance option for purchases over £99. The website clearly positions itself as a provider of high-quality camping and glamping solutions, offering both retail and rental services.

Financially, Love Canvas Ltd presents a mixed picture. Accumulated depreciation has increased significantly, with Computer Equipment rising 78% and Furniture Fittings jumping 240%. Advances to directors have also increased dramatically, from £0 to £94,000, although a portion of this was repaid. Debtor amounts have increased by 78%, while other creditors have risen by 83%. A notable trend is the decrease in equity, plummeting 100% to just £130. Despite this, cash on hand has increased slightly to £2,100. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline warrants closer scrutiny. No auditor is mentioned, which is common for small, exempt companies.

Overall, Love Canvas Ltd appears to be navigating a period of change. While the website and customer reviews suggest a thriving business, the financial data reveals increased debt and a significant reduction in equity—perhaps a result of investments in growth or changes in operating expenses.

Registered in England/Wales under the registration number 12553599, with a registered address at BN26 6GP, England, Polegate, East Sussex, Unit 21 Connect 27 Business Park, Twin Oaks Drive.

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