Petdreamhouse Ltd

Petdreamhouse Ltd, based in Hull, UK, is a small, active company founded 14 years ago in 2010. With two employees and £146,534 in assets, it operates from a virtual address shared by eighteen other companies, a bit unusual. It's a solo-founded business led by a single director and owner, Liu Wen. The company runs an e-commerce site and has a stellar 5.0 Google rating based on seven reviews. It’s an irregular importer, primarily dealing in rubber and rubber products, with just one month of import activity recorded as of June 2024.

The company's website, Petdreamhouse, appears to focus on retail, although the nature of the products sold isn't immediately clear. It operates within the "other retail sale in non-specialised stores" industry. The site’s design is simple, and it’s difficult to determine the scale of its operations beyond its online presence.

Financially, Petdreamhouse Ltd presents a mixed picture. Current assets increased by 38% to £150,000, a positive sign. However, net assets remain negative at -£370,000, indicating the company is carrying significant liabilities. Creditors have remained constant at £420,000, while cash bank on hand increased by 4.6% to £17,000. Trade creditors also rose by 77% to £93,000, which could suggest increased purchasing or delayed payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the negative equity raises questions. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Petdreamhouse Ltd seems to be navigating a challenging financial landscape. While its e-commerce site enjoys a strong online reputation, the company is operating at a loss. Whether it can sustain this level of activity remains to be seen, but its small size and online presence offer some advantages.

Registered in England/Wales under the registration number 07400049, with a registered address at HU1 4BG, England, Hull, The Deep Business Centre, Tower Street.

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