The London Sleep Company Ltd

The London Sleep Company Ltd from Spalding UK is a small, active company founded eight years ago. With £15,361 in assets, a real address, two directors, and two owners, it’s a family business boasting a perfect 5.0 Google rating from seven reviews. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has two owners or PSCs, two directors and no number of employees published.

The company’s website, The London Sleep Company, focuses on selling sleep-related products, including mattresses, bedding, and pillows. It appears to be an e-commerce business, with a clean and user-friendly design. The site highlights product quality, customer service, and competitive pricing—typical of online retailers. There’s a blog section with tips on sleep hygiene and product recommendations, which helps to engage customers and establish the company as a sleep expert.

Financially, The London Sleep Company Ltd shows a mixed picture. Current assets decreased by 27% to £15,000, while net assets dropped 5.2% to -£26,000. Bank borrowings decreased by 26% to £5,700, and cash reserves plummeted 98% to just £120. Creditors decreased by 8% to £50,000, suggesting better debt management. 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 sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s directors, Paris Laura and Paris Amy, seem to be actively involved in the business, and their ownership suggests a strong family connection. The decline in cash reserves and the negative equity are concerning, but the decrease in bank borrowings and creditors indicates some improvements in financial management. It’s likely the company is reinvesting in its business to grow, but it needs to carefully manage its cash flow to avoid further financial strain.

Registered in England/Wales under the registration number 10476694, with a registered address at PE12 6HH, England, Spalding, Herons Way, Wragg Marsh.

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