Paper Lounge Limited

Paper Lounge Limited, based in Birmingham, UK, is a small, family-run business established five years ago. With a single employee and £105,007 in assets, the company operates from a real address and is led by one director and two owners. It runs an e-commerce site and irregularly exports furniture, lighting, and prefabricated buildings—just two months of export activity were recorded, the last being in July 2024.

The company's website, Paper Lounge, showcases a unique concept: sustainable furniture crafted from recycled Kraft paper. They offer a range of products, from benches and stools to tables and accessories, targeting both home and office environments. The site emphasizes eco-friendliness, offering a "new concept to modern living" with a focus on practical, fun, and recyclable designs. They also provide display solutions for visual merchandising events, highlighting their versatility and commitment to sustainability.

Financially, Paper Lounge Limited presents a mixed picture. While net assets increased significantly by 290% to £39,000, cash bank on hand decreased by 11% to £18,000. Creditors also decreased by 15%, suggesting improved debt management. However, trade debtors are now a negative £7,700, which could indicate difficulties in collecting payments. The company’s small size (meeting two of three conditions for a small company) helps with agility, but the change in debtors is something to watch. There was no auditor mentioned, which is typical for a small company exempt from an audit. It's also worth noting that the number of employees increased from one to two, which could be a sign of growth or increased workload. Overall, Paper Lounge Limited seems to be navigating a period of change, balancing its unique product offering with the challenges of financial stability.

Registered in England/Wales under the registration number 12326965, with a registered address at B13 0PY, England, Birmingham, 140 Haunch Lane.

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