Sofabliss Ltd

Sofabliss Ltd is a small, active company based in Wolverhampton, UK, founded two years ago. It’s a solo-founder operation with a real registered address, one director, and one owner. The company operates an e-commerce site selling sofas and related furniture.

The website, Sofa Bliss, showcases a wide range of sofas, including corner sofas, 3-seater sofas, and 2-seater sofas, available in various styles and colors. They offer financing options and emphasize quality and affordability, with a focus on customer service and a "Snap" payment plan. The site also highlights a range of armchairs and footstools.

Financially, Sofabliss Ltd presents a mixed picture. While the company has £14,000 in cash, its equity is a negative £2,000. Bank borrowings have increased significantly to £8,200, and net current assets are a positive £6,200. Creditors are stable at £8,200, and value tax payable is £6,500. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and less than 50 employees. No auditor is mentioned, which is common for small, exempt companies.

The negative equity and increased borrowings suggest Sofabliss Ltd may be burning through cash, though the positive current assets indicate it’s managing its short-term liabilities. The solo founder and small team likely keep overhead low, but sustained losses could pose a challenge. It's possible the company is investing heavily in marketing or inventory to drive growth, which could explain the financial strain.

Registered in England/Wales under the registration number 14653072, with a registered address at WV1 2RZ, United Kingdom, Wolverhampton, West Midlands, Unit 8 Brickheath Road.

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