The Grizzly Bear Hot Tub Co Ltd

The Grizzly Bear Hot Tub Co Ltd, based in Carnoustie, UK, is a small, active family business established 18 years ago. With ten employees and £592,231 in assets, it operates from a real address and is overseen by four directors and two owners. Boasting a perfect 5.0 Google rating from 277 reviews, the company is an irregular importer of inorganic chemicals, with its last import operation occurring one month ago in December 2022.

The company's website showcases a wide range of hot tubs and swim spas, primarily sold online. It operates a video call service, allowing potential customers to speak with sales experts live. The website also features a hot tub search tool, allowing customers to filter by price, seating, size, and style. The company sells a variety of hot tub brands, including Master Spas, Roto, and Twilight, and offers a holiday lodge range and swim spas. It even has a showroom in Woodhill, Carnoustie.

Financially, The Grizzly Bear Hot Tub Co Ltd has experienced some challenges. Current assets have decreased by 7.2% to £530,000, and net assets have fallen 13% to £580,000. Bank borrowings have increased significantly, reaching £29,000, and cash reserves have dropped 7.2% to £56,000. Creditors have increased by 79% to £65,000, and trade debtors have increased by 31% to £87,000. 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 remain agile. The average number of employees has decreased by 20% to eight. With no auditor mentioned, the figures rely on unaudited statements.

Despite these pressures, the company maintains a strong online presence and a loyal customer base, suggesting a resilient business model.

Registered in Scotland under the registration number SC322097, with a registered address at DD7 7SD, Carnoustie, Angus, Woodhill.

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