Winstons Beds Ltd

Winstons Beds Ltd from Manchester UK: a small, active company founded five years ago in 3/24/2020, employs three people, and holds £166,398 in assets. Operating from a virtual address – fifty-four other companies registered there too – it’s led by two directors and a solo founder who also owns the business. The company runs an e-commerce site and regularly exports furniture, lighting, and prefabricated buildings, with the last export operation taking place in November 2024.

The company operates in the retail sale via mail order houses or via internet industries. Its website, though not detailed, points to an online bed and furniture retailer. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Winstons Beds Ltd shows a mixed picture. Current assets increased by 19% to £170,000, while net assets jumped 430% to £81,000. Bank borrowings decreased by 26%, suggesting better debt management. However, trade debtors surged by a staggering 830%, indicating potential issues with customer payments. Cash reserves also increased, but the significant rise in debtors warrants further investigation. The company’s small size helps it remain agile, but the sudden increase in debtors could be a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems Winstons Beds Ltd is doing alright, but should keep a close eye on those outstanding invoices.

Registered in England/Wales under the registration number 12532492, with a registered address at M2 4NH, England, Manchester, 76 King Street.

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