Snugglepets & Co Ltd

Snugglepets & Co Ltd from Halesowen, UK, is a small, active company founded just two years ago. Employing two people and holding £4,401 in assets, it’s a solo-founder operation with two directors overseeing its activities. The company operates an e-commerce site specializing in high-quality, handcrafted dog products.

The website, Snuggle Pets, highlights a commitment to quality and tailormade pet products, with a focus on durable materials and thoughtful design. It also boasts award-winning patents and showcases positive customer testimonials, emphasizing its UK-made products and Royal Mail Next Day delivery service. The site clearly aims to build a brand around premium dog products and exceptional customer service.

Financially, Snugglepets & Co Ltd’s numbers paint a mixed picture. Cash bank on hand has dropped significantly, falling 77% to just £150. Creditors have risen by 41%, and net current assets liabilities are now at -£2000, a considerable downturn. However, trade debtors have increased, suggesting potentially better cashflow management. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the drop in equity is noticeable. With no auditor mentioned, the figures are unaudited.

Overall, Snugglepets & Co Ltd seems to be navigating the challenges of a small, growing business. While the financial data indicates some strain, the focus on quality products and customer satisfaction suggests a potential for future growth—though it’s clear the company is burning through cash rather than accumulating it.

Registered in England/Wales under the registration number 14171875, with a registered address at B63 3UA, England, Halesowen, Unit 1 Eagle Trading Estate, Stourbridge Road.

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