Abbey Upholsterers Limited

Abbey Upholsterers Ltd, based in Carrickfergus, UK, is a large, active company established 49 years ago in 1975. Employing 99 people, it boasts substantial assets of £3,769,724 and generates annual revenue of £9,906,343. With a real address and three directors, plus one owner, the company maintains a respectable Google rating of 4.0 based on 12 reviews. It’s an irregular importer, with its last import operation occurring two months ago in January 2020.

The company’s website paints a picture of a high-end fitout specialist, delivering projects for luxury brands across the globe. It focuses on designer upholstery, furniture, and specialist joinery, serving clients in sectors like hotels, commercial interiors, and private residences. It’s clear that Abbey Upholsterers isn’t just a local business; it’s actively involved in projects in cities like London, Paris, and New York. The site highlights a focus on "Making Ordinary Spaces Extraordinary" and emphasizes close collaboration with clients, from initial design to final installation.

Financially, Abbey Upholsterers Ltd shows some interesting trends. While current assets remain at £3,800,000, net assets increased by a significant 18% to £4,600,000. Bank borrowings decreased by 10%, to £270,000, and cash reserves fell by 25%, to £220,000. Creditors decreased by 22%, suggesting better debt management. The company’s size—meeting two of three conditions for a large company—indicates a robust operation, although the decrease in cash reserves could signal increased investment or working capital needs. The company’s auditor, AAB Group Accountants Limited, signed off on the accounts, and the report was authorised on October 2nd. The company's tax expense decreased by 50% to £140,000, which could be a positive sign.

Registered in Northern Ireland under the registration number NI010849, with a registered address at BT38 8YF, Carrickfergus, County Antrim, 1 Meadowbank Road, Trooperslane Industrial Estate.

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