T & K Beds Ltd

T & K Beds Ltd from Dewsbury UK: a small, active company founded three years ago, employs one person, and holds £10,177 in assets. It operates an e-commerce site and has a real address, overseen by one director and one owner.

The company specializes in retail sales via mail order and the internet, offering a wide range of beds and mattresses. Its website showcases a diverse selection, including adjustapedic, upholstered, ottoman, wooden, and metal beds, alongside a variety of mattresses, pillows, and headboards. A notable feature is the "Stupendous Spring Sale," highlighting discounted items. The site also offers free fabric samples and pay-by-finance options, catering to customer convenience. It's clear they are trying to offer a lot of options.

Financially, T & K Beds Ltd presents a mixed picture. Accumulated depreciation has increased by 37%, which is normal as assets age, but cash bank on hand has risen by 11% to £6,700. However, equity has significantly decreased by 72%, dropping to just £920, and net current assets have fallen by 62% to £2,800. Director remuneration has also decreased by 29%, and taxation social security payable has increased by a whopping 500%. Despite these challenges, the company’s small size—meeting two of three conditions for being considered small—allows for agility. There's no auditor mentioned, which is likely due to the company being exempt as a small entity.

The decrease in equity is a concern, suggesting the company may be burning through cash faster than it’s generating revenue. The increase in taxation payable also indicates a need to manage cash flow. However, the increase in cash bank on hand is a positive sign. Overall, T & K Beds Ltd seems to be navigating a period of financial adjustment, relying on its e-commerce presence and diverse product offerings to maintain operations.

Registered in England/Wales under the registration number 13346600, with a registered address at WF13 3PL, England, Dewsbury, 47 Heckmondwike Road.

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