The Tub Company Europe Limited

The Tub Company Europe Limited, based in Sudbury, UK, is a small, active company established 18 years ago. With five employees and £380,343 in assets, it operates from a virtual address, a detail flagged by the registration of 108 companies at the same location. The business is overseen by three directors and owned by two individuals, Lui Edward and Smith Richard. Google users rate it a perfect 5.0 based on 40 reviews.

The company specializes in importing optical and medical tools and devices, with a consistent record of 13 months of imports, the most recent in September 2024. It also runs a retail business, selling hot tubs, swim spas, and saunas—a fact highlighted by its website, salesthetubcompany.co.uk. The website showcases a wide range of products and services, including tailored design solutions, servicing, and even used hot tubs, catering to both residential and holiday let customers. It’s clear they’re aiming to be a one-stop shop for outdoor wellness.

Financially, the company’s recent performance presents a mixed picture. While cash reserves increased by a modest 4.5% to £200,000, current assets decreased by 3.7% to £380,000. Bank borrowings have been reduced significantly, falling by 31% to £8,900, which is a positive sign. However, net assets increased by 4.1% to £350,000, and creditors decreased by 33%, suggesting improved debt management. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the decline in debtors—dropping by a substantial 82%—raises concerns about customer payments. The company is exempt from an audit, so the financial data is unaudited.

Overall, The Tub Company Europe Limited appears to be navigating a period of change. The reduction in debt is encouraging, but the company needs to address the decline in customer payments to ensure long-term financial stability.

Registered in England/Wales under the registration number 06116650, with a registered address at CO10 2AA, Sudbury, Suffolk, 22 Friars Street.

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