Seaside Hot Tubs Ltd

Seaside Hot Tubs Ltd, based in Scarborough, UK, is a small, active company founded just four years ago. Employing four people and holding £44,367 in assets, it’s a family-run business with a virtual address and a 5.0 Google rating from eight reviews. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website showcases a range of hot tubs for sale, both new and used, with a focus on plug-and-play models. It offers delivery, installation, and setup services, and even provides hot tub relocation and hire options. The site regularly posts updates on customer installs, service calls, and even the testing of unique spa models, creating a personable and engaging online presence. They even offer a service for moving and relocating hot tubs.

Financially, Seaside Hot Tubs Ltd’s report shows a bit of a mixed bag. Current assets have fallen by 33%, dropping to £44,000, while net assets have also decreased significantly by 39%, settling at £32,000. Cash bank on hand has also seen a decline, falling 36% to £20,000. Trade debtors have increased by a substantial 78%, reaching £12,000, which could indicate a shift in payment terms or increased sales on credit. However, creditors have also risen by 48%, reaching £7,500, which may be related to increased stock purchases. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the decrease in equity is something to watch. With no auditor mentioned, the report is unaudited.

Overall, Seaside Hot Tubs Ltd appears to be navigating a period of change. While the business seems active and well-regarded by customers, the financial figures suggest a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 12788988, with a registered address at YO11 1UB, England, Scarborough, 2 Belgrave Crescent.

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