Symbah Ltd

Symbah Ltd from Stockport UK: small company, active status, founded 5 years ago, 1 employee, £62,233 assets, real address, 1 director, 1 owner. Regular importer of electrical machinery and equipment (3 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the other business support service activities n.e.c. industries. Officially, it has one owner or PSCs, one director, and one employee.

The company's website, Simba Sleep, showcases a range of sleep products, from mattresses and beds to pillows and duvets. It’s clear that Simba Sleep is an e-commerce business, with a focus on direct-to-consumer sales and a modern, tech-driven approach. The site prominently features its "award-winning sleep tech," highlighting innovations like its Stratus pillow and Hybrid mattress. A key selling point is its "5-year Accident Cover," offering protection against stains, spills, and damage—a unique offering in the sleep product market. The site also offers financing options, making its products more accessible to a wider range of customers. There’s a strong emphasis on sustainability, with a B Corp certification and a mattress recycling service.

Financially, Symbah Ltd’s picture is mixed. Current assets increased by a modest 18% to £62,000, while net assets rose by a significant 400% to £5,800. However, bank borrowings increased dramatically by 1300%, reaching £7,000, and cash reserves dropped 57% to £5,200. Trade debtors also increased substantially, by 1300%, suggesting potential issues with customer payments. Despite these challenges, the company’s creditors decreased by 5.5%, which is a positive sign. The small size of Symbah Ltd (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in borrowings and decrease in cash reserves are worth noting. No auditor is mentioned, likely due to the company’s exemption as a small entity. It seems like the company is trying to grow, but it’s also facing some financial strain.

Registered in England/Wales under the registration number 12139960, with a registered address at SK3 0XA, England, Stockport, Europa Business Park Suit 67f5, Bird Hall Lane.

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