Manorcroft Beds Ltd

Manorcroft Beds Ltd from Dewsbury UK: a small, active company founded six years ago, employs five people, and holds £179,162 in assets. It’s a solo-founded operation with one director and a real address, operating an e-commerce site and regularly importing furniture, lighting, and prefabricated buildings—seven months worth, with the last import in November 01, 2024. The company specializes in the manufacture of other textiles n.e.c. industries.

The website showcases a wide range of stylish ottomans, divans, bed frames, footstools, and mattresses, aiming to create the perfect bedroom. It offers various designs, including TV beds, wing back beds, and ambassador beds, with many options including ottoman storage. The site is clearly geared towards online sales, with a focus on competitive pricing and fast delivery.

Financially, Manorcroft Beds Ltd presents a mixed picture. Cash bank on hand has increased significantly by 280%, reaching £97,000, while current assets have grown by 160% to £180,000. However, creditors have also risen by 53% to £160,000, and net losses deepened. Finished goods have increased dramatically, by 96% to £80,000, which could indicate a build-up of inventory. The company meets two of three conditions to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no auditor mentioned, likely due to the company's small size.

The company's growth in assets and cash reserves is encouraging, but the increase in creditors and net losses suggests it’s burning through money. It’s possible the company is investing heavily in inventory or marketing to drive sales, but careful management will be needed to ensure long-term sustainability.

Registered in England/Wales under the registration number 11683209, with a registered address at WF12 9NP, England, Dewsbury, Lower Ground Floor Headfield Mills, Cardwell Terrace.

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