Ashwood Designs Limited

Ashwood Designs Ltd, based in Robertstown, Aberdare, UK, is a large company holding significant assets and generating substantial revenue. Founded twenty years ago, in 2005, the firm employs 233 people and boasts assets worth £13,561,810, with yearly revenue reaching £28,017,087. It operates as a holding company with an active status and is overseen by three directors and a single owner. Google reviews give it a 3.0 rating based on 14 reviews. The company regularly imports man-made filaments and related materials (for 137 months) and exports furniture, lighting, and prefabricated buildings (for 12 months).

Ashwood Designs’ website showcases a commitment to quality furniture, hand-crafted and tailored in the UK. The company emphasizes traditional techniques combined with modern technology, offering a variety of collections with different designs, colours, and material finishes. It’s clear they’re targeting a market that values both comfort and aesthetics, with a focus on bespoke upholstered furniture. The site also highlights a history of production spanning over two decades, emphasizing skilled people and craftsmanship. The company's website also promotes a heritage production materials section, and a focus on design for comfort and function.

Financially, Ashwood Designs presents a mixed picture. While turnover remained stable, assets decreased by 18% to £13,561,810, and net assets dropped by 21% to £5,100,000. Bank borrowings increased significantly, rising by 300% to £25,000, and cash reserves fell by 63% to £59,000. Creditors also increased by 50% to £8,600,000. The company’s size—meeting two of three criteria for a large company—suggests it’s navigating a competitive market. The lack of an auditor mentioned (likely exempt due to size) means the financial statements are unaudited.

The sharp decrease in cash reserves and the increase in borrowings could indicate a period of investment or perhaps a challenging economic climate. However, the company’s established presence, strong export activity, and focus on quality suggest it’s well-positioned to weather these pressures. It's likely the company is undergoing some changes, and it’s a bit unclear how these changes will affect the business in the long run.

Registered in England/Wales under the registration number 05391325, with a registered address at CF44 8ER, Robertstown, Aberdare, Rhondda Cynon Taff, Robertstown House, Aberdare Business Park.

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