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
- +441297 443084, 01297 443084
Garden swing seats, day beds, benches and pergolas, handcrafted in Britain since 2004. The only bespoke swing seat maker endorsed by the RHS. Rated 5.0 from 475+ reviews.
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 50 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 135,820 companies incorporated in 2004 are still active today; 61% have since been dissolved.
A fact about the year, not a forecast for this company.