Online Mattress Sale Ltd

Online Mattress Sale Ltd, based in Watford, UK, is a small, active company founded eleven years ago in 2013. It employs two people and holds £75,534 in assets, operating from a real address and managed by one director and owner. The company runs an e-commerce site selling mattresses and beds, offering a wide selection categorized by size, type, price, and material. It’s an irregular importer, primarily bringing in furniture, lighting, and prefabricated buildings, with a recent import recorded in July 2024.

The website showcases a diverse range of mattresses and beds, from budget-friendly options to high-end, luxury models. It features brands like Silentnight, Breasley, and Flintshire, and offers various bed frames, headboards, and accessories. The site also provides information on bed types, spring systems, and memory foam technology, catering to customers seeking expert advice. It even has a section dedicated to history of a bed.

Financially, Online Mattress Sale Ltd shows some concerning trends. Current assets have decreased by 18%, dropping to £76,000, while net assets have fallen 16%, settling at £42,000. Bank borrowings have remained steady at £5,600, but cash reserves have declined 23%, now at £48,000. Trade debtors have increased significantly by 83%, suggesting potential payment delays. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited.

The increase in trade debtors could be a sign of growing sales, but it also presents a risk. The decline in cash reserves, combined with the decrease in net assets, suggests the company may be burning through cash faster than it's generating revenue. It’s a small business, so these fluctuations aren’t uncommon, but it’s something to watch closely.

Registered in England/Wales under the registration number 08542961, with a registered address at WD18 0PX, Watford, Hertfordshire, 60-64 Market Street.

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