Barnsbury Furniture Ltd

Barnsbury Furniture Ltd, based in Soham, UK, is a small, active company founded seven years ago. With two employees and £302,766 in assets, it operates from a real address and is led by a solo founder who also serves as the director and owner. The company boasts a stellar 5.0 Google rating from 39 reviews, indicating strong customer satisfaction. It's a regular importer of furniture, lighting, and prefabricated buildings, with nine months of import activity recorded, the last in October 2024.

The company’s website, Barnsbury Furniture, presents a family-run furniture store with a 20-year history in Cambridgeshire. Owner Nick Wells is described as a fountain of interior knowledge, offering competitive prices. The website highlights a showroom experience, encouraging customers to see, feel, and try the furniture, and features glowing testimonials from satisfied customers praising the helpful staff and quality products. Contact information includes a phone number, address, email, and a map, alongside social media links. The site also reveals the company is authorised and regulated by the Financial Conduct Authority, acting as a credit broker.

Financially, Barnsbury Furniture Ltd shows a mixed picture. While current assets remained stable at £300,000, net assets decreased by 34% to £9,200. Bank borrowings increased significantly, rising by 260% to £33,000 within a year, while cash reserves dropped by 47% to £20,000. Creditors also increased by 22% to £170,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in equity raises some concerns. The company is exempt from an audit, so the financial statements are unaudited. The number of employees increased by 50% to three, which could be a sign of growth.

Registered in England/Wales under the registration number 11116006, with a registered address at CB7 5DE, England, Soham, Cambridgeshire, 9a The Shade.

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