Sheewater Home Ltd

Sheewater Home Ltd, based in Boongate, Peterborough, is a small, active company founded 23 years ago. With five employees and £218,140 in assets, it’s a solo-founded operation run by a single director and owner. The business boasts a perfect 5.0 Google rating from 65 reviews, and operates as an irregular importer of furniture, lighting, and prefabricated buildings, with the last import activity recorded over two years ago.

The company’s website positions itself as specialists in bathrooms and kitchens, offering a large showroom and a range of services including design consultations and trade accounts. It caters to both commercial and residential customers, emphasizing independent local business status and a wide selection of products from leading brands. The site highlights a focus on customer service and expert advice, with blog content showcasing inspirational designs and product ranges.

Financially, Sheewater Home Ltd shows some concerning trends. Cash reserves fell by 150%, plummeting to just £310, while net assets decreased by 240%, ending at a meager £32. Bank borrowings increased by 24%, reaching £39,000, and creditors rose by 33%, reaching £190,000. However, debtors increased by 12%, reaching £130,000, and prepayments decreased by 1.6%, reaching £21,000. 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 remain flexible, but the sharp decline in equity raises questions about its long-term stability. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited director-reported data.

In short, Sheewater Home Ltd is facing financial pressures despite its strong Google rating and established reputation. The company's ability to navigate these challenges will depend on its ability to maintain customer loyalty and manage its expenses effectively.

Registered in England/Wales under the registration number 04417208, with a registered address at PE1 5PJ, Boongate, Peterborough, Unit 6 Peterborough Trade Centre, Newton Way.

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