Town & Country Covers Limited

Town & Country Covers Ltd, based in Hampshire, UK, is a small, active company with a focus on providing tailored seat covers for cars and vans. Established for several years, it employs 22 people and holds £2,800,000 in net assets. The company’s registered address is clear, and it’s led by a director, indicating a stable management structure. While its core business revolves around the manufacture and sale of seat covers, the company also offers accessories like floor mats and boot liners, broadening its product range.

The company’s website, townandcountrycovers.com, is a comprehensive e-commerce platform dedicated to selling seat covers. It offers a wide selection, including universal, tailored, and luxury leatherette options, catering to various vehicle makes and models. The site prominently features Ford Transit Custom seat covers, suggesting a focus on commercial vehicles. The website also has a blog, which is good for SEO. It offers free shipping and a 5-year guarantee, and has a clear cookie policy.

Financially, Town & Country Covers Ltd presents a mixed picture. Cash bank on hand increased significantly by 8.9% to £950,000, which is a positive sign of liquidity. However, trade debtors decreased by 22% to £650,000, which could indicate slower payments from customers. Creditors also decreased by 20% to £470,000. A notable change is the increase in total inventories by 18% to £1,300,000, which might reflect increased stock levels or anticipation of future demand. The company’s retained earnings accumulated losses increased by 4.7% to £2,800,000. The company is exempt from an audit, so the financial statements are unaudited.

The company's growth in cash and inventory, coupled with a decrease in debtors, suggests a period of cautious expansion. The decrease in creditors is a good sign, but the company needs to keep an eye on its inventory levels to avoid obsolescence. It’s possible that the company is investing in new products or expanding its marketing efforts, which could explain the increase in inventory.

Registered in England/Wales under the registration number 05049328, with a registered address at PO3 5RX, England, Portsmouth, Nevil Shute Road Nevil Shute Road, Hampshire.

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