Pethau Bychain Cyf

Pethau Bychain Cyf, based in Carmarthen, UK, is a small, active company established fifteen years ago in 2010. With a single employee and £89,855 in assets, it operates from a real address and is overseen by one director and owner, Marian Ritson. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with recent import activity occurring just two months ago.

The company's website reveals a unique blend of retail and interior design services. Situated in a renovated studio at Towy Works, the business offers a personalized experience, emphasizing customer service, quality products, and value. Marian Ritson, with over 20 years of experience in interior design, caters to diverse projects, from bespoke curtains to full-blown renovations, showcasing a preference for timeless, classical aesthetics. The website highlights a curated selection of unique pieces and artifacts, sourced from Europe, and even displays artwork and soft furnishings along the building's staircase. Appointments are encouraged, and clients can reach Marian via phone or email.

Financially, Pethau Bychain Cyf presents a mixed picture. While current assets decreased by 18% to £90,000, net assets also declined significantly by 57% to -£19,000. Bank borrowings are down 32% to £8,700, and cash reserves have plummeted 77% to £3,900. Creditors also decreased by 26% to £83,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the substantial drop in equity suggests potential financial pressures. As a small company, it is exempt from an audit, relying on unaudited financial statements. It seems like the company is struggling a bit, but hopefully, the interior design services will help it turn things around.

Registered in England/Wales under the registration number 07158855, with a registered address at SA31 3JR, United Kingdom, Carmarthen, Towy Works, The Quay.

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