Slumbernights Ltd

Slumbernights Ltd from Bradford UK: a small, active company founded 23 years ago, employs 15 people, and holds £290,061 in assets. It's a solo-founded operation with one director and owner, Shakil Mohammed. The company is a somewhat irregular importer of iron or steel products, with just one month of imports recorded back in 2017.

The company operates in the wholesale of furniture, carpets, and lighting equipment industries, and its website, Ashgrove Furnishings, showcases a wide range of products from sofas and beds to dining sets and electrical appliances. The site has a modern design and offers free shipping in Northern Ireland, alongside options for two-man delivery and assembly. It seems to be primarily an e-commerce business, with a focus on online sales and a range of brands.

Financially, Slumbernights Ltd presents a mixed picture. Current assets have remained steady at £290,000, while cash bank on hand has increased slightly to £38,000. However, creditors have risen, with bank loans increasing to £30,833. Equity has improved significantly, with retained earnings accumulating to £81,000, a good sign. Debtors have decreased, which is a positive trend. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in creditors does warrant attention. As a small company, it’s exempt from an audit, and the figures are unaudited.

Overall, Slumbernights Ltd seems to be navigating a stable, if somewhat pressured, market. The company’s focus on wholesale and online sales, combined with its improved equity, suggests a business with potential—though keeping an eye on creditor levels will be important going forward.

Registered in England/Wales under the registration number 04437212, with a registered address at BD7 2JE, Bradford, West Yorkshire, Beckside Business Park, Beckside Road.

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