121 Office Furniture Ltd

121 Office Furniture Ltd from Cumbernauld UK: a small, active company founded twelve years ago, employs four people, and holds £72,334 in assets. It operates from a real address in Blairlinn Industrial Estate, overseen by two directors and one owner, and runs an e-commerce site with a stellar 5.0 Google rating based on ninety reviews.

The company’s website highlights its role as a family-run business specializing in office furniture, offering a wide range of desks, chairs, storage solutions, and even home office setups. It provides free UK mainland delivery and boasts a price guarantee, emphasizing customer service and expert sales support. The site also features testimonials from satisfied customers, praising the company's friendly service and competitive pricing. They even offer installation services and multibuy discounts.

Financially, 121 Office Furniture Ltd’s report shows some concerning trends. While cash reserves increased by 16% to £72,000, net assets have plummeted 81% to just £12,000. Bank borrowings have decreased, but advances to directors have fallen significantly, which might indicate a change in funding strategy. Creditors have risen considerably, suggesting a need to manage supplier payments more carefully. The company’s turnover is low, and it meets the criteria to be considered a small company. The report doesn’s mention an auditor, which is common for smaller companies.

Overall, 121 Office Furniture Ltd appears to be a well-regarded online retailer, but the sharp decline in equity raises questions about its long-term financial health. It’s a small business, and it’s important to manage cash flow and maintain strong customer relationships to navigate these challenges.

Registered in Scotland under the registration number SC422689, with a registered address at G67 2TT, Scotland, Cumbernauld, Glasgow, 5 Mid Road, Blairlinn Industrial Estate.

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