Popcorn School Ltd

Popcorn School Ltd is a small, family-run business based in Lichfield, UK, with an active status. Founded eleven years ago in 2013, it employs just two people and holds £6,573 in assets. The company operates from a real address at 1 Shortbutts Lane, and is led by two directors and owners, Horton Robin and Horton Simon. Popcorn School Ltd specializes in retail sales via mail order and the internet, providing furniture and decor equipment for educational institutions.

The company's website showcases a broad range of products, from kindergarten tables and chairs to interactive wall panels and playground equipment. It caters to schools, colleges, and even international clients like those in Dubai and Mumbai, emphasizing customized solutions and ergonomic designs. Popcorn Furniture prides itself on being India’s largest supplier of school furniture, working with over 8,000 schools and reaching 100 cities. The website highlights testimonials from headmasters, education consultants, and architects, praising the company’s quality, durability, and innovative designs.

Financially, Popcorn School Ltd presents a mixed picture. While the company’s small size (meeting two of three conditions to be classified as small) allows for agility, certain trends are concerning. Accumulated depreciation has increased by 9%, and advances to directors have decreased significantly – by 17% and 9.7% respectively. Cash bank holdings have fallen by a substantial 67%, and current assets are down 26%. Although trade debtors have increased by a healthy 96%, this could indicate potential issues with collections. Equity has also declined by 9.4%, suggesting the company is burning through cash. The lack of an auditor mentioned (likely exempt due to its small size) means the figures are unaudited.

Despite these challenges, Popcorn School Ltd’s focus on customisation and quality, combined with its strong presence in the Indian market, suggests a potential for future growth. However, the company will need to address its declining cash reserves and manage its debt effectively to ensure long-term sustainability.

Registered in England/Wales under the registration number 08534985, with a registered address at WS14 9BT, England, Lichfield, 1 Shortbutts Lane.

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