Snug Rugs Limited

Snug Rugs Ltd from Ashford UK: a small, family business founded thirteen years ago, boasts a solid 4.0 Google rating from 26 reviews. With seven employees and £771,679 in assets, the company operates from a real address and is managed by two directors and owners. It's been regularly importing footwear and related items for 22 months, and exporting for five months. The company’s core business is retail sale via mail order houses or via internet industries.

The company’s website, snugrugs.co.uk, showcases a wide range of sheepskin products—slippers, rugs, hides, cushions, and accessories—catering to both men and women, children, and even pets. The site is clearly an e-commerce platform, with detailed product descriptions, high-quality images, and a user-friendly shopping cart. It’s a well-designed site, with a strong emphasis on British craftsmanship and quality materials.

Financially, Snug Rugs Ltd presents a mixed picture. Current assets have fallen by 5.2% to £770,000, while net assets have increased by 8.2% to £14,000. Bank borrowings have increased significantly, up 150% to £48,000, which may indicate investment or expansion. Trade debtors have also increased, by 2.2%, suggesting potentially delayed customer payments. 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 increase in bank borrowings warrants close monitoring. The accounts are unaudited, a common practice for small companies. The company's financial statements have been prepared in accordance with Financial Reporting Standard 102.

Registered in England/Wales under the registration number 07817369, with a registered address at TN24 0YY, England, Ashford, Kent, Unit 17 & 18 Tavis House Business Centre, 3 Hall Avenue.

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