Practical Comfort Ltd

Practical Comfort Ltd is a small, active company based in London, UK, founded eight years ago in May 2016. The company holds £105,828 in assets and operates from a virtual address shared by over 5,000 other businesses. It's a solo-founder operation, managed by a single director and owner, and runs an e-commerce site selling drawer organizers. It’s a regular importer, though its top import category is listed as "None," with the last import activity occurring three months ago in August 2020. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, Practical Comfort, showcases a range of adjustable drawer organizers in various sizes and finishes. Customers can browse, add to cart, and complete purchases—a standard e-commerce experience. The site also features videos demonstrating the organizers' functionality and a newsletter signup form, indicating an effort to engage with potential buyers. It seems like they are trying to sell a lot of drawer organizers.

Financially, Practical Comfort Ltd presents a mixed picture. Cash bank on hand decreased significantly by 31% to £6,600, while creditors increased by 17% to £96,000. Trade debtors remained stable at £43,000. Equity, however, experienced a substantial drop of 44%, falling to £6,600—a worrying trend. The company’s small size (meeting two of three conditions for being a small company) helps it remain agile, but the decrease in equity suggests potential financial strain. The company's net assets liabilities also decreased by 12% to £10,000. No auditor is mentioned, likely due to the company's small size and exemption from an audit.

Registered in England/Wales under the registration number 10190427, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.

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