Barretts Of Woodbridge Limited

Barretts Of Woodbridge Ltd from Suffolk UK: a small, active company founded 56 years ago, employs 19 people, and holds £312,090 in assets. It’s a well-established business with a real address, overseen by three directors and one owner, and operates an e-commerce site with a stellar 5.0 Google rating from 202 reviews. The company regularly imports furniture, lighting, and prefabricated buildings – 19 months worth, with the most recent in October 31, 2024.

The business, located in Woodbridge, is a traditional furniture store offering a wide range of items from carpets and flooring to beds and homeware. Its website highlights a focus on expert advice and warm service, with promotions like discounts on duvet sets. The store even offers a rewards card and free parking. It’s clear that Barretts aims to provide a comprehensive home furnishing experience, with services like measuring, free home visits, and even installation. They’re also keen on inspiring customers with blog content and design ideas.

Financially, Barretts Of Woodbridge Ltd presents a mixed picture. Current assets have decreased by 24% to £310,000, while net assets have fallen 22% to £29,000. Cash reserves have also declined by 56%, dropping to £63,000. Creditors, however, have seen a significant decrease of 26%, suggesting improved debt management. The company qualifies as small, meeting two of three criteria (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). There is no auditor mentioned, likely due to its small size.

The company’s financials suggest a period of adjustment. While it maintains a strong customer base and a good reputation, the decrease in cash reserves and assets could indicate challenges. It’s a business with a long history and a loyal following, but it will need to navigate these financial pressures to ensure its continued success.

Registered in England/Wales under the registration number 00952478, with a registered address at IP12 1AL, Suffolk, 40, Thoroughfare,, Woodbridge,.

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