Anglo Furnishings Ltd

Anglo Furnishings Ltd, based in Solihull, UK, is a small, active company founded thirteen years ago. Despite its longevity, the business is currently four months overdue on its accounts, and operates with just one employee. The company holds £15,216 in assets and is led by a solo founder who also serves as the director and owner.

The business operates an e-commerce site selling sofas and beds, with a strong focus on quality and customer service. The website boasts a wide range of products, including U-shaped sofas, corner sofas, and luxury beds, all delivered with free shipping across most UK postcodes. It offers a variety of promotions, including a winter sale with discounts up to 50%, and highlights features like nonslip seating cushions and free assembly. The website also offers a sofa removal service and emphasizes its in-house delivery team, DBS-checked for customer peace of mind. Customer testimonials praise the quality of the products and the helpfulness of the service.

Financially, Anglo Furnishings Ltd has experienced some challenges. Cash bank on hand has decreased by 22% to £14,000, and current assets have fallen by 34% to £15,000. Trade debtors have dramatically increased by 1300% to £1,200, which could indicate difficulties collecting payments. Equity has also dropped significantly by 36% to £13,000. On a positive note, creditors have decreased by 35%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity warrants closer attention. With no auditor mentioned, the financial statements are unaudited.

The business’s reliance on online sales and its focus on customer service seem to be working, but the financial data suggests a need to carefully manage cash flow and address the increase in outstanding debts.

Registered in England/Wales under the registration number 07944786, with a registered address at B90 4PL, England, Solihull, 54 Marshall Lake Road, Shirley.

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