Around The House Furniture Limited

Around The House Furniture Limited is a small, active company based in Billingham, UK, established twelve years ago in 2012. It’s a solo-founder operation, managed by one director and owner, and operates an e-commerce site. The company holds £24,474 in assets and has a virtual address, registered with fifty-six other companies. 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, and employees less than 50.

The company's website, Country House Furniture, showcases a curated selection of furniture, home accessories, and made-to-measure tables. It offers a range of products, from bespoke dining tables and unique accessories to lighting and artwork, catering to customers seeking a blend of country charm and modern design. The site emphasizes handmade furniture, a family business, and even offers a made-to-measure service, highlighting a commitment to personalized design. The website also has a blog with customer testimonials.

Financially, Around The House Furniture Limited presents a mixed picture. Cash bank on hand has dramatically increased by 1900% to £3,700, a positive sign, but creditors have risen by 36% to £49,000. Trade debtors remain unchanged at £18,000. Equity has declined by 66% to -£24,000, a significant drop, while net assets have also fallen to -£24,000. The company’s sole employee, presumably the director, is listed as a designer. Director remuneration remains steady at £6,700. With no auditor mentioned, the figures are unaudited.

The company’s financial performance suggests it’s navigating a period of growth and investment, but also facing challenges in maintaining profitability. The increase in creditors and the decrease in equity raise concerns about its long-term financial health, however, the increase in cash reserves is a positive indicator. The solo founder is clearly working hard to build a business, but the company’s future depends on its ability to manage costs and generate sustainable revenue.

Registered in England/Wales under the registration number 08248403, with a registered address at TS23 4HN, England, Billingham, Durham, C/O Hmb Accountants Limited 18a Manor Way, Belasis Hall Technology Park.

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