Alpha Furnishings Limited

Alpha Furnishings Ltd, based in Wooburn Green, UK, is a small, active company founded 27 years ago in 1997. With seven employees and £1,603,335 in assets, it operates from a real address and is overseen by six directors and one owner. The company regularly imports furniture, lighting, and prefabricated buildings – 15 months of import activity were recorded, the last in September 2024 – and occasionally exports similar items, with just one month of export activity noted as of April 2024.

The business is described as operating in the other business support service activities n.e.c. industries, but there's no website to examine, making it difficult to determine the specifics of their operations. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Alpha Furnishings Ltd presents a mixed picture. While cash bank on hand increased by a healthy 14% to £940,000, creditors surged by 37% to £990,000, suggesting increased borrowing. Trade debtors also rose, up 3.5% to £660,000. Perhaps surprisingly, accumulated depreciation impairment property plant equipment increased significantly – 64% for motor vehicles and 26% total. Profits, however, saw a substantial jump, increasing by 340% to £240,000, which is a good sign. The company’s net assets, however, decreased by 18% to £650,000. It's worth noting that payments to acquire own shares remained constant at -£300,000. The lack of an auditor mentioned likely means the company is exempt as a small company, and the figures are unaudited.

Overall, Alpha Furnishings Ltd appears to be holding its own, with a strong cash position and improved profitability. However, the increase in liabilities and depreciation needs to be monitored.

Registered in England/Wales under the registration number 03410250, with a registered address at HP10 0AA, England, Wooburn Green, Bucks., 1 Holtspur Lane.

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