Opulence Warehouse Limited

Opulence Warehouse Limited, based in London, UK, is a small, active company founded four years ago. It’s a solo-founder operation with one director and owner, operating an e-commerce site specializing in wood burning stoves and related products. The company has a real registered address and a stellar 5.0 Google rating from 79 reviews. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

The company’s website, Opulence Stoves, showcases a wide range of wood-burning stoves, range cookers, and outdoor living products. It offers installation services, chimney lining, and even firewood delivery across East Anglia. They have a showroom in Bury St Edmunds, offering customers a chance to see the products in person. The site also features a blog with helpful articles on stove maintenance and buying advice, showing a commitment to customer education.

Financially, Opulence Warehouse Limited’s recent accounts paint a mixed picture. Current assets have fallen by 52%, dropping to just £1,700, while net assets have also declined significantly by 59%, landing at -£770. Cash bank on hand has seen a 40% decrease, now at £1,400. Loans from directors have also been reduced by 57%, now at £2,100. It's a bit concerning to see the equity decline so much. Creditors have also fallen, which is good, but the overall trend suggests the company is struggling to build up reserves. There was no auditor mentioned, which is typical for small companies.

It seems like Opulence Warehouse Limited is facing some financial headwinds, but its strong online presence and focus on a niche market could help it weather the storm. It's a little unclear if the company is burning through money or just navigating a tough period, but it’s certainly something to keep an eye on.

Registered in England/Wales under the registration number 13116315, with a registered address at E2 7JS, England, London, Flat 2 Iffley House, Arnold Circus.

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