Sandrachaircovers Limited

Sandrachaircovers Ltd from Aberdeen UK is a small, active company founded 16 years ago. Employing six people and holding £226,756 in assets, it’s a family business operating an e-commerce site with a solid 4.0 Google rating from 116 reviews. The company has two directors and two owners, and its registered address is real, with only three companies registered at the same location. It regularly imports various textile products, sets, used clothing, and rags—89 months of import activity recorded, the latest in October 2024—but exports irregularly, with just one month of activity recorded as of July 2021.

The company's website, Sandrachaircovers, appears to focus solely on chair covers and related accessories, offering a wide range of colors, fabrics, and styles. While the site is functional, it lacks the polish and features of more sophisticated e-commerce platforms. It's clear the business is primarily online, with no physical storefront mentioned.

Financially, Sandrachaircovers Ltd presents a mixed picture. Current assets declined by 17% to £230,000, while net assets increased by 7.5% to £520,000. Bank borrowings remain stable at £160,000, and cash reserves increased by 6.6% to £170,000. Creditors decreased significantly by 17% after one year, and 58% within one year, suggesting improved debt management. 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 nimble. The accounts are unaudited, exempt as a small company.

The increase in net assets is a positive sign, but the decrease in current assets could indicate slower sales or increased inventory levels. The company's reliance on imports and its limited export activity also expose it to currency fluctuations and supply chain disruptions. While the family-run nature of the business fosters loyalty and efficiency, it also means the company may lack the resources and expertise to scale up operations.

Registered in Scotland under the registration number SC356173, with a registered address at AB12 3LY, Scotland, Aberdeen, Unit 1 Hareness Circle, Altens Industrial Estate.

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