The Sleep People Limited

The Sleep People Limited, based in Ossett, UK, is a small holding company with an active status, having been founded ten years ago in 2014. Employing nineteen people, the company holds assets valued at £3,662,668. It operates a real address and is managed by two directors and one owner, running an e-commerce site with a Google rating of 4.0 based on 121 reviews. The company regularly imports iron or steel products, with 17 months of import activity recorded.

The Sleep People Limited is a manufacturer of divan beds and mattresses, offering a wide range of products through its website. The site is well-organized, with clear categories for mattresses (pocket sprung, memory foam, orthopaedic, etc.) and beds (divan, ottoman, etc.), and a comprehensive accessories section. Customers can filter by size, material, and brand, and the site offers international shipping and various payment options. It’s a well-designed e-commerce platform, clearly focused on direct-to-consumer sales.

Financially, The Sleep People Limited shows some concerning trends. Accumulated depreciation for Land and Buildings increased by 29%, while Other Property Plant Equipment grew by 14%. However, the number of employees dramatically increased by 380%, to ninety-one—a significant jump that may be driving up costs. Bank borrowings have completely vanished, a positive sign, but corporation tax payable has risen by 160%, suggesting increased profitability but also a larger tax burden. Creditors have also increased by 18%, and trade debtors are up 23%, which could indicate challenges in collecting payments. On the plus side, cash reserves have grown by 84%, providing some financial breathing room. Key management personnel compensation has also increased by 380%. 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 flexible, but the increase in management compensation and the rise in tax liabilities are worth noting. With no auditor mentioned, the financial statements are unaudited.

Overall, The Sleep People Limited appears to be growing rapidly, but it’s important to monitor its ability to manage increased costs and maintain healthy cash flow. The company’s success hinges on its e-commerce platform and its ability to deliver quality mattresses and beds directly to customers.

Registered in England/Wales under the registration number 09094101, with a registered address at WF5 9YA, Ossett, West Yorkshire, Unit 4 Royds Mills, Leeds Road.

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