Sleepsenseinternational Ltd

Sleepsenseinternational Ltd, based in Frome, UK, is a small, active company founded just three years ago in 2021. With two directors and a solo founder at the helm, the company employs just two people and holds £451,905 in assets. It operates from a virtual address, shared by seventy-nine other companies, which is a bit unusual. The company is a irregular importer, with its top import category being Various textile products, sets, used clothing, and rags, totaling 1 months of imports. The last import operation was conducted on February 01, 2023.

The company’s website, Sleep Sense Intl, presents a simple e-commerce platform selling sleep-related products – mattresses, pillows, and bedding accessories. The site’s design is functional but lacks a strong brand identity. While it features product descriptions and customer reviews, it doesn's offer a blog or detailed information about the company's history or values. It's clear the focus is on direct sales through the website.

Financially, Sleepsenseinternational Ltd is showing some concerning trends. While cash reserves increased by 320% to £16,000, net assets plummeted 1400% to -£140,000. Liabilities have surged – accrued liabilities are now £240,000, and trade creditors have ballooned by 79,000%. Debtors also increased significantly, rising by 2400%. 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 agile, but the dramatic equity decline suggests it’s burning through cash. There’s no auditor mentioned, which is common for small companies.

Overall, Sleepsenseinternational Ltd is facing financial headwinds. The surge in liabilities, coupled with the negative equity, indicates a need to carefully manage expenses and potentially explore new revenue streams. While the e-commerce platform appears operational, the underlying business model may need reevaluation to ensure long-term sustainability.

Registered in England/Wales under the registration number 13567008, with a registered address at BA11 2RY, England, Frome, Unit D2 Southgate, Commerce Park.

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