Puffin Bathrooms Limited

Puffin Bathrooms Ltd from Swansea UK: small company, active status, founded 4 years ago, £3,534 assets, virtual address, 7 director, 7 owner, solo founder, e-commerce site, google rating 4.0 based on 18 reviews. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £3,534. The address is probably virtual as twenty seven companies registered at the same address.

Puffin Bathrooms operates as an online retailer specializing in bathroom supplies. Its website showcases a wide range of products, including baths, showers, sanitary ware, brassware, furniture, heating, flooring, and even kitchen sinks. The site is well-organized, with clear categories and detailed product descriptions, and it appears to be actively promoting new products and sales. The e-commerce site has a good range of products and seems to be doing well.

Financially, Puffin Bathrooms Ltd presents a mixed picture. While cash bank on hand decreased significantly by 59% to £1,800, creditors have also decreased by 94% to £620. Trade creditors have decreased a lot, which is good. However, taxation social security payable has increased by 1200%, jumping to £2,100, which could be a cause for concern. Net assets have also declined by 11%, settling at -£20,000. 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 equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems like Puffin Bathrooms is experiencing some financial strain, but it’s also demonstrating resilience by managing its creditors effectively. Whether this is a temporary setback or a longer-term trend remains to be seen, but the company’s online presence and customer reviews suggest a solid foundation for future growth.

Registered in England/Wales under the registration number 12795886, with a registered address at SA7 9LA, United Kingdom, Swansea, C/O Eaccounts Ground Floor Cardigan House, Castle Court.

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