Queens Beds Ltd

Queens Beds Ltd from London UK: a small, active company founded four years ago, employs two people, and holds £10,939 in assets. It operates from a virtual address—a fact highlighted by the presence of 91192 other companies registered at the same location—and is led by two directors, with Ansar Kiran as the sole owner and solo founder. The company’s activities center around retail sales via mail order and internet, catering to a broad customer base.

The company’s website, while minimal, reinforces this focus on online retail. It’s a straightforward e-commerce platform showcasing a range of beds and related products, targeting customers seeking convenient online shopping experiences. There's no elaborate branding or marketing—just a functional site designed for direct sales.

Financially, Queens Beds Ltd presents a mixed picture. Current assets have decreased by 50% to £11,000, while bank cash has fallen dramatically by 74% to just £5,500. Trade debtors have increased significantly, jumping 750% to £5,400—which could indicate a shift towards offering credit to customers, or potentially, delayed payments. Equity has also declined slightly, falling 9.7% to £7,400. Creditors have decreased by 41%, suggesting better management of short-term liabilities. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decrease in equity is something to keep an eye on. No auditor is mentioned, which is typical for companies of this size.

Overall, Queens Beds Ltd appears to be navigating a challenging environment. The increase in trade debtors and the decrease in cash reserves suggest that the company may be burning through money, although it's likely a natural part of growing a small business. The virtual address and solo founder model point to a lean operation, but the long-term sustainability of this model remains to be seen.

Registered in England/Wales under the registration number 12782798, with a registered address at WC2H 9JQ, United Kingdom, 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.