Alchemy Furniture Limited
- Active
- Small
- 15 years
- 3 employees
- £197,955 (assets)
- Regular importer
- Irregular exporter
- Real address
- 2 directors
- 1 owner
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
Alchemy Furniture Limited, based in Reading, UK, is a small, active company founded fifteen years ago in 4th of October 2009. With three employees and £197,955 in assets, it’s a modest operation managed by two directors and one owner. The company is a irregular importer and exporter, with no import or export activity recorded in the last 18 months. It has a real registered address and is likely real as only one company registered at the address.
The company’s website, Alchemy Furnishings, showcases a limited range of furniture, including the Bellissimo, Sgraffito, Piegato, and Forza ranges. It operates an e-commerce site and has a Facebook and Instagram presence. Contact information includes an email address and a phone number. The site suggests a focus on dining and table furniture.
Financially, Alchemy Furniture Limited’s numbers paint a mixed picture. Cash bank on hand has fallen dramatically, dropping 70% to just £38,000. Creditors have increased, both within and after one year, by 13% and 29% respectively, reaching £530,000 and £100,000. Debtors have risen sharply, increasing 270% to £130,000. Equity has also declined, with retained earnings and accumulated losses dropping 23% to -£410,000. Current assets have decreased by 9.6% to £200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it is exempt from an audit, and the accounts are unaudited.
While the company’s furniture offerings seem focused and the website is active, the financial data suggests a company struggling to maintain its financial health. The significant drop in cash reserves and increase in creditors raise concerns, although the increase in debtors could indicate a period of growth. The company's small size and lack of employees may contribute to its agility, but it also limits its resources.
Registered in England/Wales under the registration number 07054226, with a registered address at RG4 8AX, Reading, 61-63 Church Street Caversham, Berkshire.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 75%+
- 🇬🇧
Resident of United Kingdom
Managers
-
Individual
- 7 years
- 1
- 🇬🇧
Resident of United Kingdom
-
Individual
- 15 years
- 4
- 🇬🇧
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Unaudited abridged accounts made up to 2024-06-30Download 8 pages pdf report
-
Confirmation statement made on 2024-10-12 with no updatesDownload 3 pages pdf report
-
Current accounting period extended from 2023-12-31 to 2024-06-30Download 3 pages 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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FAQ about Alchemy Furniture Limited
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