Avrin Furniture Limited

Avrin Furniture Ltd, based in Bristol, UK, is a small, active company founded five years ago. While confirmation is currently overdue by four months, the company maintains a real address and operates with a single director and owner—a solo founder. It runs an e-commerce site and irregularly imports furniture, lighting, and prefabricated buildings, with the last import activity recorded one month ago.

The company’s website, PEXLZ Furniture Store, focuses on providing furniture for businesses and homes, offering a wide range of tables, chairs, and custom-made banquettes. It caters to commercial clients, showcasing a collection of luxury dining tables and chairs, and even offering bespoke banquette creation services. The site also highlights its clients, including hotels and restaurants, and emphasizes exclusive discounts for bulk orders.

Financially, Avrin Furniture Ltd presents a mixed picture. Cash bank on hand decreased by 3.7% to £7,400, while creditors saw a slight increase, with amounts due within one year rising by 17.0% to £1,800. Equity also declined by 6.3%, landing at -£41,000. While net assets are negative, trade debtors have decreased, suggesting improved debt management. The company's small size—meeting two of three conditions for a small company—allows for agility, but the equity decline and negative net assets raise concerns. The accounts are unaudited and exempt from audit, relying on director-reported data.

It seems Avrin Furniture Ltd is navigating a challenging period, balancing the demands of a growing e-commerce business with financial pressures. The focus on commercial clients and bespoke services suggests a strategy of differentiation, but sustained profitability will be key to long-term success.

Registered in England/Wales under the registration number 12376762, with a registered address at BS4 5JJ, England, Bristol, 13 Flowers Hill.

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