C Verty Furniture Ltd

C Verty Furniture Ltd, based in Corby, UK, is a small, active company established 16 years ago. With six employees and £457,933 in assets, it operates a real address and boasts two directors and two owners. The business runs an e-commerce site and regularly imports furniture, lighting, and prefabricated buildings—a total of 157 months of import activity—while also exporting these items for six months.

The company's website showcases a wide range of Indian wood furniture, rustic wood pieces, and reclaimed industrial designs. It caters to both residential and commercial clients, offering everything from living room sets to bedroom furniture and accessories. The site emphasizes craftsmanship and offers various styles and materials, including mango wood, acacia wood, and reclaimed boat wood. It also has a blog with articles about coastal furniture and choosing the right pieces for your home.

Financially, C Verty Furniture Ltd presents a mixed picture. While its net assets increased by 220%, reaching £52,000, cash reserves have fallen by 42%, sitting at £120,000. Bank borrowings have also decreased significantly, by 44%, to £350,000. Trade debtors have seen a substantial drop, 62%, to £28,000, which could indicate improved collections. However, current assets have also decreased by 40%, to £460,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The decrease in cash reserves, despite increased net assets, suggests that C Verty Furniture Ltd may be reinvesting in its business or facing increased operating expenses. The drop in current assets could also indicate slower sales or increased inventory levels. However, the reduced debt and improved collections are positive signs.

Registered in England/Wales under the registration number 06906064, with a registered address at NN17 4AZ, England, Corby, Unit 12a Earlstrees Road, Earlstrees Industrial Estate.

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