Relax Outdoors Ltd

Relax Outdoors Ltd is a small, active company based in Darlington, UK, founded four years ago in June 2020. With just one employee and £436 in assets, it’s a solo founder operation managed by a single director and owner, Stephenson James Michael. The company operates from a virtual address—44 other companies are registered at the same location—and specializes in the retail of furniture, lighting, and similar goods through specialized stores, mail order, and online channels.

The company's website is currently unavailable, making it difficult to assess its e-commerce presence. However, the business model suggests a focus on direct-to-consumer sales or wholesale distribution. The single employee likely handles all aspects of the business, from sourcing products to fulfilling orders and managing customer service.

Financially, Relax Outdoors Ltd is showing some concerning trends. While cash bank on hand increased slightly to £440, current assets overall decreased by a significant 46% to £440. Debtors vanished completely, dropping 100% to zero, while creditors increased by 45% to £26,000. Equity has also taken a hit, decreasing by 52% to -£25,000. The company’s small size (meeting two of three conditions for a small company) helps with agility, but the declining equity and rising debts are a cause for concern. Depreciation charges have doubled, which could indicate increased investment in equipment, or a change in accounting practices.

The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited. Overall, Relax Outdoors Ltd appears to be struggling financially, potentially burning through cash faster than it’s generating revenue. It’s difficult to say definitively without more information, but the company will need to address its financial challenges to ensure long-term sustainability.

Registered in England/Wales under the registration number 12702551, with a registered address at DL3 7EH, United Kingdom, Darlington, Co. Durham, 43 Coniscliffe Road.

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