Stockmonkey Limited

Stockmonkey Ltd from Leeds UK: a small, active company founded 11 years ago, employs just two people, and holds £1,122,321 in assets. It’s a family business with a real address and two directors and owners, operating an e-commerce site and boasting a perfect 5.0 Google rating from a single review. The company regularly imports furniture, lighting, and prefabricated buildings—17 months worth, with the most recent shipment arriving in August 2024.

The business is involved in the wholesale of furniture, carpets, and lighting equipment, as well as retail sales through mail order and internet platforms. Its website, stockmonkey.co.uk, showcases a range of furniture and lighting products, suggesting a focus on online sales. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Looking at the financial data, Stockmonkey Ltd shows some interesting trends. Cash reserves have increased significantly, jumping 150% to £350,000, which is a positive sign. However, net losses deepened, and trade debtors increased by 14%, suggesting some challenges in collecting payments. Creditors also rose by 9.3%, and taxation and social security payable increased by 38%. The company’s assets are down, with depreciation increasing, but the business is still holding its own. No auditor is mentioned, which is likely due to its small size.

Overall, Stockmonkey Ltd appears to be a stable, albeit small, family business navigating the challenges of the e-commerce market. The increase in cash reserves is encouraging, but the rising debts and losses suggest a need to carefully manage expenses and improve collection efficiency.

Registered in England/Wales under the registration number 08920156, with a registered address at LS12 4JS, England, Leeds, Premier House, Barras Street.

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