Six The Residence Limited

Six The Residence Limited is a small, active company based in Stourbridge, UK, founded five years ago in 2020. With seven employees and £411,085 in assets, it operates from a real address and is led by two directors and a solo founder. The company regularly imports furniture, lighting, and prefabricated buildings – a total of 128 months of import activity – and has also engaged in eight months of exporting the same goods. It’s a real address, and only one company registered there.

The company’s website, Six The Residence, showcases a curated collection of furniture and interior design pieces, focusing on textures and neutral tones. It appears to be an e-commerce business, selling directly to consumers through its website. The site features a range of products, from seating and tables to beds and pouffes, catering to home office, lounge, dining, and brown-hued aesthetics. It also highlights British-made, handmade items and responsibly sourced materials. The website even has a blog with helpful content.

Financially, Six The Residence Limited shows a mixed picture. Current assets have decreased by 22% to £410,000, while net assets have remained constant at £40,000. Bank borrowings have fallen by 42% to £56,000, and cash reserves have increased by 21% to £22,000. Trade creditors have decreased significantly, falling by 99.9% to just £130, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in current assets could indicate challenges in managing working capital. The company is exempt from an audit, so the financial statements are unaudited.

The decrease in creditors is good, but the reduction in assets is something to keep an eye on. It's a small company, so these fluctuations can be more pronounced than in larger businesses.

Registered in England/Wales under the registration number 12547572, with a registered address at DY9 7ND, England, Stourbridge, West Midlands, Unit 2 Gainsborough Trading Estte, Rufford Road.

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