Ox Beds Ltd

Ox Beds Ltd is a small, active company based in Dewsbury, UK, founded just three years ago in 2021. It’s a solo-founded operation with two employees, a single director, and one owner, operating an e-commerce site specializing in beds and related products. The company’s registered address is real, with only one other company registered at the same location.

The website, oxbeds.co.uk, showcases a wide range of beds, including ZipLink beds, mattresses, divan beds, and bedding, catering to both individual consumers and commercial clients like hotels and Airbnbs. It offers a diverse selection of products, including silk options, ottoman beds, and zip-link sets, with a particular emphasis on providing solutions for commercial spaces. The site also features a blog with articles on sleep and mattress selection, demonstrating a focus on customer education and building trust. It ships worldwide, with a comprehensive list of countries and currencies.

Financially, Ox Beds Ltd presents a mixed picture. Cash bank on hand increased significantly by 230% to £4,800, a positive sign of improved liquidity. However, creditors within one year rose by 63% to £8,400, and other creditors increased by 33% to £6,900, suggesting growing short-term financial obligations. Equity, however, remains negative at -£3,600, indicating the company is burning through cash. Trade debtors are also up, which is not ideal. 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 exempt from an audit, and the accounts are unaudited.

Overall, Ox Beds Ltd seems to be growing its sales, as evidenced by the increase in cash, but it's also taking on more debt. Whether this is a sustainable strategy or a sign of financial strain remains to be seen. The company's focus on commercial clients and its diverse product range could provide a buffer against economic downturns, but careful financial management will be crucial for long-term success.

Registered in England/Wales under the registration number 13541473, with a registered address at WF12 9QS, United Kingdom, Dewsbury, West Yorkshire, Unit 3d Mill Street West, Anchor Bridge Way.

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