Bourne Furniture Limited

Bourne Furniture Ltd, based in Marlborough, UK, is a small holding company with an active status, having been established 22 years ago in 2002. Employing just nine people, the company holds assets valued at £650,929 and operates from a real address. With one director and one owner, Bourne Furniture is a regular importer and exporter of furniture, lighting, and prefabricated buildings, having imported for 140 months and exported for eight months.

The company’s website showcases a focus on contract furniture for the hospitality industry. They design, supply, and install furniture for hotels, cruise ships, healthcare facilities, education sectors, and leisure venues. The site highlights bespoke design services, a wide range of products (including outdoor furniture, healthcare-specific items, and sustainable options), and a commitment to customer service. They even offer value engineering to help clients stay within budget. The website’s content suggests a B2B model, catering to commercial clients rather than individual consumers.

Financially, Bourne Furniture’s report reveals a mixed picture. While current assets increased by 35% to £650,000, net assets remained steady at £120,000. Bank borrowings increased significantly by 26% to £81,000, and cash reserves dropped by 67% to £80,000. Creditors decreased by 38%, which could indicate improved debt management. The company’s small size—meeting two of three criteria for being considered small—allows for agility, but the decrease in cash reserves is something to keep an eye on. The company is exempt from an audit as a small entity, so the figures are unaudited. The report also mentions that the company is working with PPS Chartered Accountants.

Overall, Bourne Furniture Ltd appears to be a stable, albeit small, business navigating the challenges of the hospitality sector. The company's focus on bespoke design and customer service, combined with its experience in the industry, positions it well for continued success, but the decrease in cash reserves is something to monitor closely.

Registered in England/Wales under the registration number 04465739, with a registered address at SN8 3EQ, Marlborough, Wiltshire, Bourne Works High Street, Collingbourne Ducis.

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