Storage Matters Ltd

Storage Matters Ltd is a small, active company based in Southwell, UK, founded three years ago in March 2022. It’s a solo venture, run by a single director and owner, Wheatley Esther, and employs just one person. The company holds £16,124 in assets and operates from a real address at 33 Bechers Court Burgage, NG25 0FX. It’s an e-commerce business, selling goods online.

The company’s website, Storage Matters, focuses on providing storage solutions—boxes, containers, and accessories—directly to consumers. It positions itself as a convenient and affordable alternative to larger retailers, emphasizing quality and customer service. While the site doesn't elaborate on its origins, it suggests a passion for organization and a commitment to helping customers maximize their space.

Financially, Storage Matters Ltd is showing some concerning trends. While the company is small (meeting two of three criteria for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity has plummeted to -£10,000—a significant reversal from the previous year. Cash reserves have also decreased by 41%, dropping to £6,100. Trade debtors have increased substantially, by 690%, which could indicate difficulties in collecting payments. On the plus side, creditors have decreased slightly, suggesting a bit better management of short-term debts. The company’s net current assets and liabilities have also changed drastically, with a large decrease. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Despite the e-commerce presence, the financial data suggests Storage Matters Ltd is burning through money. Whether this is typical startup volatility or a sign of deeper issues remains to be seen.

Registered in England/Wales under the registration number 13998803, with a registered address at NG25 0FX, England, Southwell, 33 Bechers Court Burgage.

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