Pecksniffs Lifestyle Ltd

Pecksniffs Lifestyle Ltd, based in Newhaven, UK, is a small holding company with an active status. Founded six years ago in 2019, it employs just four people and holds £31,877 in assets. The company operates from a virtual address, registered at a location shared by twenty-four other businesses, and is overseen by two directors and one owner. It boasts a respectable Google rating of 4.0 based on thirteen reviews.

The company’s website showcases a diverse range of home fragrance products, including candles, reed diffusers, room sprays, and hand washes, all available for purchase online. The site clearly operates as an e-commerce platform, with a focus on selling its own branded products, such as the “AromaTherapy” and “Vintage Posies” collections. Customers can browse by product type, fragrance family, or even by intended use—such as “For Home” or “For Bathroom.” The site also features a "Shop" section, highlighting new arrivals and special offers, and a "Loyalty Program" to encourage repeat purchases. It’s a well-designed site, with high-quality product photography and clear calls to action.

Financially, Pecksniffs Lifestyle Ltd presents a mixed picture. While net assets remain negative at -£190,000, representing a 120% change from the previous year, cash bank on hand has significantly decreased by 89%, leaving just £240. Bank borrowings have remained steady at £17, but accrued liabilities deferred income have dropped considerably, a 79% decrease. Trade debtors have increased by 51%, suggesting a potential issue with customer payments, and creditors have risen by 91%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity and cash reserves warrants attention. With no auditor mentioned, the figures are unaudited, and rely on director-reported data.

Overall, Pecksniffs Lifestyle Ltd appears to be navigating a challenging financial landscape. While its e-commerce platform shows promise, the company needs to address its declining cash reserves and manage its debts to ensure long-term sustainability.

Registered in England/Wales under the registration number 11908103, with a registered address at BN9 9TD, England, Newhaven, East Sussex, 66 Haven Way.

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