Polar Beds Ltd

Polar Beds Ltd, based in Batley, UK, is a small, active company founded six years ago in 31 October 2018. It employs three people and holds £53,088 in assets. The company operates an e-commerce site selling beds and mattresses online, boasting a perfect 5.0 Google rating from one review. It’s a solo-founded operation run by a single director and owner, Hussain Samir.

The company's website, BestPriceBeds, positions itself as a destination for cheap beds and mattresses, offering a wide range of big brands at fantastic prices. It emphasizes free delivery on most products and a price match guarantee. The site caters to both budget-conscious shoppers and those seeking luxury options, offering everything from divan beds to folding beds and an extensive range of accessories. It even offers a blog with helpful information on choosing and caring for beds.

Financially, Polar Beds Ltd shows a mixed bag. Current assets decreased by 11%, while net assets increased by 130%. Bank borrowings decreased by 1.5%, and cash reserves decreased by 13%. Trade creditors increased by 43%. 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 stay agile, but the decrease in cash reserves is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems like the company is doing well enough to keep going, but it's important to monitor those cash reserves closely. The website looks professional, and the Google rating is excellent, so it's clear that they're focused on customer satisfaction.

Registered in England/Wales under the registration number 11627256, with a registered address at WF17 8NS, England, Batley, Unit 1, Smithies Mill, Bradford Road.

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