Belgica Uk Limited

Belgica Uk Limited, based in Glasgow, UK, is a small, active company founded 22 years ago in 2002. Employing 28 people, it holds £1,309,520 in assets and operates from a virtual address, a fact highlighted by the presence of 408 other companies registered at the same location. The company is led by three directors and owned by a solo founder, Tjondronegoro Michael Kartono. It boasts a strong Google rating of 4.0 based on 332 reviews.

The company’s primary focus is importing furniture, lighting, and prefabricated buildings—a regular activity spanning 213 months, with the most recent import occurring in February 2025. It also engages in irregular exporting of the same product categories, with just one month of export activity recorded as of March 2023. Belgica Uk Limited operates within the "other business support service activities n.e.c." industries. Its website, Belgica Furniture, showcases a wide range of furniture and home accessories, including sofas, chairs, dining sets, beds, and office equipment, catering to both residential and commercial customers. The site features brands like Alstons, Himolla, and Tetrad, suggesting a focus on quality and design.

Financially, Belgica Uk Limited’s recent performance presents a mixed picture. While net assets increased by 13% to £1,500,000, cash reserves declined significantly by 67% to £300,000. Bank borrowings decreased by 11%, suggesting better debt management. Creditors, however, increased by 18%, and trade debtors surged by a substantial 220%. 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 agility, but the decrease in cash reserves warrants attention. The company’s accounts are unaudited, a common practice for small entities.

The increase in trade debtors could indicate a shift in payment terms with customers or potential difficulties in collecting outstanding invoices. The rise in creditors suggests increased reliance on supplier credit. The company’s reliance on a virtual address and the presence of numerous other companies registered at the same location raises questions about its operational infrastructure.

Registered in Scotland under the registration number SC235052, with a registered address at G32 8FH, United Kingdom, Glasgow, Strathclyde, 1 Cambuslang Court, Cambuslang.

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