Prosperous Way Ltd

Prosperous Way Ltd, based in Maidstone, UK, is a small, active company founded four years ago. With just £2,380 in assets and a real address, it’s a lean operation managed by a single director and owner. The company runs an e-commerce site and enjoys a perfect 5.0 Google rating from ten reviews, a testament to its customer service. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with recent import activity recorded four months ago.

The website showcases a range of products, from modern side tables and study desks to TV stands and bespoke furniture. It also offers management consultancy services, expanding beyond its core design and furniture business. The site emphasizes family ownership and a blend of design talent and e-commerce expertise. It’s clear they’re aiming to provide both practical home furnishings and business solutions.

Financially, Prosperous Way Ltd is showing some concerning trends. Current assets have fallen by a significant 62%, dropping to £2,400, and net assets have also declined, now at -£8,700. Bank borrowings remain steady at £2,400, but cash reserves have plummeted 80%, leaving just £1,200. Creditors have also decreased, suggesting some improvement in debt management. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Prosperous Way Ltd appears to be struggling to maintain financial stability. While the e-commerce side seems well-received, the declining assets and reserves suggest the business is burning through money. Whether the consultancy services can provide a much-needed boost remains to be seen—but for now, Prosperous Way Ltd is facing a challenging period.

Registered in England/Wales under the registration number 12586873, with a registered address at ME16 0FB, United Kingdom, Maidstone, Kent, 16 Queensgate.

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