Www.opennshut.co.uk Limited

Www Opennshut Uk Co Ltd from Chichester UK is a small, active company founded 19 years ago. With 12 employees and £98,735 in assets, it operates an e-commerce site and enjoys a stellar 5.0 Google rating based on 50 reviews. Two directors and two owners (though the list may not be exhaustive) steer the ship, all from a real address.

The company specializes in window shutters, offering DIY options, trade supplies, and even training courses. Its website showcases a wide range of shutter styles and provides helpful resources for customers. Notably, Opennshut has a history of supplying shutters for TV makeover shows, adding to its visibility and reputation. The site even has a blog with helpful tips and advice.

Financially, Opennshut’s recent report paints a mixed picture. Current assets have fallen by a significant 71%, dropping to £99,000. Bank borrowings have increased by a staggering 2,400%, reaching £29,000, and cash reserves have plummeted 82% to just £17,000. Creditors, however, decreased by 41%, suggesting improved debt management. The company's small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the sharp decline in equity is a cause for concern. The company is exempt from an audit, so the numbers are unaudited.

The company’s reliance on online sales and its strong Google rating suggest a loyal customer base, but the financial pressures indicate a need for careful management. It's a bit worrying that the number of employees has fallen so much, but it could be a strategic move to cut costs.

Registered in England/Wales under the registration number 05583069, with a registered address at PO18 9HJ, England, Chichester, West Sussex, Barn 3, Kingley Centre Downs Road, West Stoke.

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