Albion Chairs Limited
- Small
- Active
- 37 years
- 13 employees
- £365,910 (assets)
- Virtual address
- 3 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Albion Chairs Ltd, a small, active family business from London, UK, has been operating for 37 years. Founded in 2017, the company employs 13 people and holds assets totaling £365,910. It operates from a virtual address, a detail worth noting as 112 companies are registered at the same location. Three directors and two owners—Pask Eric John and Pask Philip Noel—lead the company.
Albion Chairs Ltd is a regular importer and exporter, specializing in furniture, lighting, and prefabricated buildings. It has imported for five months and exported for six, with the most recent activity recorded in August 2024. The company’s website is currently unavailable, so it’s difficult to determine if it operates an e-commerce platform. It does, however, manufacture other furniture and operates in the artistic creation industries.
The company's financial health presents a mixed picture. While bank borrowings decreased by 10% to £310,000, cash reserves grew by a respectable 33% to £1,700. However, net assets declined by 5.3% to £400,000, and current assets dropped by 29% to £370,000. Trade debtors have also seen a significant decrease, falling 30% to £150,000. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the decline in equity warrants attention. With no auditor mentioned, the financial data relies on unaudited statements.
The company’s financial trends suggest a period of adjustment. While it's managed to reduce debt and increase cash reserves, the decline in assets and equity indicates potential challenges. The family ownership structure and focus on importing and exporting furniture and lighting may provide a stable foundation, but ongoing monitoring of its financial performance is recommended.
Registered in England/Wales under the registration number 02161919, with a registered address at N7 8GR, England, London, Studio 6 6 Hornsey Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 13 years
-
Resident of United Kingdom
-
Individual
- 30 years
-
Resident of United Kingdom
-
Individual
- 30 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Change of details for Mr Eric John Pask as a person with significant control on 2025-03-18Download 2 pages pdf report
-
Change of details for Mr Philip Noel Pask as a person with significant control on 2025-03-18Download 2 pages pdf report
-
Secretary's details changed for Mr Eric John Pask on 2025-03-18Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Albion Chairs Limited
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