The Cushion House Limited

The Cushion House Limited is a small, active company based in Sheffield, UK, founded sixteen years ago in 3008. With a real address and just one employee, it holds £34,779 in assets and is led by a single director and owner. The business operates in a diverse range of sectors, including retail sales via stalls and markets, mail order, internet sales, and even solicitors industries.

The company’s website, while not extensively detailed, suggests a focus on retail, with potential for online sales. It’s unclear if the business has a dedicated e-commerce platform or relies on other channels. The company’s presence in the solicitors industry is intriguing, but the exact nature of this involvement is not immediately apparent.

Financially, The Cushion House Limited presents a mixed picture. While current assets increased by 27% to £35,000, equity plummeted 26% to -£22,000. Cash bank on hand saw a significant boost of 48% to £4,600, which is good. However, creditors remained relatively stable at £57,000, and the company's net current assets liabilities are -£22,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in equity is concerning. The company is exempt from an audit, so the figures are unaudited.

The company’s financial trends suggest it may be burning through cash, but the increase in cash bank on hand indicates a recent influx of funds. It’s possible that the business is reinvesting in its operations or facing temporary cash flow challenges. The fact that the company has a single director and owner suggests a lean management structure, but it could also indicate a lack of expertise or oversight.

Registered in England/Wales under the registration number 06667343, with a registered address at S8 0EB, England, Sheffield, 14 Dalewood Road.

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