SITTING SPIRITUALLY LIMITED
Company number 05295574 · Monitor this company
Executive summary
Sitting Spiritually Limited presents a mixed risk profile: the company is solvent with net assets of £321,038, minimal leverage, and a 20-year operating history demonstrating cumulative profitability. However, significant concerns exist regarding asset quality, with nearly 50% of current assets concentrated in unexplained "other debtors" (£192,783), a declining cash position from 2022 peaks, and static stock levels suggesting potential inventory issues. The zero-employee structure creates key-person dependency risk for a manufacturing business. Further investigation into the composition of other debtors, stock ageing, and director remuneration arrangements is essential before forming a complete risk assessment.
Shareholders' funds
£351,644
Balance sheet as at 2026-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2004-11-24
- Employees
- 0 (2026 accounts)
- Registered office
- The Loft, Unit 11,, Hunthay Business Park, Axminster, Devon, EX13 5RJ
- Postcode
- EX13 5RJ
- Capital
- 10 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2026-03-31
- Next due by
- 2027-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-04-01
- Next due by
- 2027-04-15
Nature of business (SIC)
- 31090 Manufacture of other furniture
Officers 2 current · 2 resigned
Contact details
- Website
- sittingspiritually.co.uk
- Phone
- 01297443084
Renowned across the UK, we craft quality wooden garden swing seats, benches, pergolas and swinging day beds. Garden furniture that nothing else compares to.
Previous registered addresses 2
| Address | Changed on |
|---|---|
| HIGHDOWN, LIME KILN LANE UPLYME, LYME REGIS, DORSET, DT7 3XG | 2014-12-01 |
| 9 THE CRESCENT, TAUNTON, SOMERSET, TA1 4EA | 2007-01-06 |
Among its peers
Top 25%
by shareholders' funds, of 52 similar companies in EX
Among the oldest 25% of its local peers, trading since 2004.
No.6 of the largest manufacture of other furniture companies in Exeter →
Competitors Exeter
This company ranks 6 among manufacture of other furniture in Exeter.
The class of 2004
37%
of the 135,816 companies incorporated in 2004 are still active today; 60% have since been dissolved.
A fact about the year, not a forecast for this company.