Atmaca Furniture Ltd

Atmaca Furniture Ltd, based in London, UK, is a small, active company founded eight years ago. With twelve employees and £405,198 in assets, it operates as a regular importer of furniture, lighting, and prefabricated buildings (55 months of imports, last in July 2024) and an irregular exporter (1 month, last in November 2021). The company boasts a real address and is managed by one director and owner. It also runs an e-commerce site, showcasing a range of furniture items.

The website, Atmacha Contract Chairs, focuses on providing furniture solutions for hotels, restaurants, pubs, and other commercial spaces. It offers a wide selection of chairs, tables, and barstools, with options for customization and bespoke designs. The site emphasizes quality craftsmanship and expert interior design services, catering to businesses seeking to elevate their spaces.

Financially, Atmaca Furniture Ltd presents a mixed picture. While current assets increased by 12% to £410,000, net assets saw a significant jump of 49% to £69,000. However, bank borrowings increased substantially by 320% to £21,000, and cash reserves decreased by 58% to £34,000. Creditors also saw a notable drop of 33%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in bank borrowings warrants attention. There's no mention of an auditor, which is common for small companies. The company's trade debtors increased by 44%, which could indicate a growth in sales, but also a potential risk of delayed payments.

Registered in England/Wales under the registration number 10699751, with a registered address at N4 1LA, England, London, 13-15 Grand Parade Green Lanes.

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