Broski Furniture Ltd

Broski Furniture Ltd, based in Enfield, UK, is a small, active company founded five years ago. With seven employees and £210,962 in assets, it operates from a virtual address, a detail flagged by the presence of 28 companies registered at the same location. The business is led by one director and owner, and enjoys a stellar 5.0 Google rating based on 402 reviews. Broski Furniture regularly imports furniture, lighting, and prefabricated buildings—a total of 107 months of import activity, with the most recent in January 2025.

The company’s website, Brothers Office Furniture, showcases a wide range of new and used office furniture, from desks and chairs to storage solutions and reception areas. It caters to businesses of all sizes, offering both online ordering and a physical showroom. The site's design is functional, with clear product categories and detailed specifications, and a prominent focus on competitive pricing and customer service. It's clear the company is trying to be a one-stop shop for office furnishing needs.

Financially, Broski Furniture Ltd presents a mixed picture. While current assets increased by 25% to £210,000, net assets decreased by 7.3% to -£97,000, indicating a reliance on debt. Bank borrowings remained steady at £290,000, and trade debtors rose significantly by 67% to £150,000, suggesting potential challenges in collecting payments. Cash reserves, however, fell by 60% to £4,800. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's likely exempt from an audit, and the figures are unaudited.

The significant drop in equity, despite increased current assets, is a cause for concern, and the reliance on debt could be a long-term issue. It’s possible the company is investing heavily in inventory to meet demand, or facing increased operating costs. The business is clearly working hard to maintain its high Google rating and customer base, but the financial data suggests it’s navigating a challenging period.

Registered in England/Wales under the registration number 12100093, with a registered address at EN1 3JT, England, Enfield, 214 Baker Street.

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