Bolton Furniture Limited

Bolton Furniture Limited, based in Bolton, UK, is a small, active company founded seven years ago in 2017. With two employees and £42,705 in assets, it operates from a real address and is managed by one director and owner. The company runs an e-commerce site and irregularly imports furniture, lighting, and prefabricated buildings, with the last import activity recorded two months ago. It primarily focuses on the retail sale of carpets, rugs, wall and floor coverings in specialised stores.

The company's website, Bolton Furniture Ltd, highlights its commitment to providing high-quality furniture with fast delivery and click-and-collect options. It encourages customers to explore its collection and transform their spaces. The site also features customer testimonials praising the quality of the furniture and customer service.

Financially, Bolton Furniture Limited presents a mixed picture. Accumulated depreciation has increased by 55%, indicating investment in fixed assets, but cash bank on hand has decreased by 6.8% to £3,200. Bank borrowings have decreased by 43%, which is a positive sign, but creditors have increased by 33% within the last year. Equity has decreased by 65%, resulting in net assets of -£9,000. Trade creditors have increased by a whopping 140% within the last year, suggesting potential cash flow challenges. Despite these pressures, the company’s small size (meeting two of three criteria for a small company) allows for flexibility. No auditor is mentioned, meaning the financial statements are unaudited.

Overall, Bolton Furniture Limited appears to be navigating a period of change. While the e-commerce site and customer reviews suggest a solid foundation, the financial data reveals a need for careful management and potentially, a focus on improving cash flow.

Registered in England/Wales under the registration number 10864841, with a registered address at BL3 6JT, United Kingdom, Bolton, 187 Derby Street.

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