Carlton Furniture Limited

Carlton Furniture Vintage Sofa Company, based in Nottingham, UK, is a small, active business founded 24 years ago. With ten employees and £863,974 in assets, it’s a well-established operation run by three directors and a solo founder. The company imports and exports furniture, lighting, and prefabricated buildings regularly—274 months of import activity and 13 months of export activity recorded. It’s a real address, and the company operates a website showcasing both Carlton Furniture and Vintage Sofa Company brands.

Carlton Furniture focuses on wholesale furniture, carpets, and lighting equipment, while Vintage Sofa Company specializes in high-end, vintage furniture restoration and sales. The Vintage Sofa Company even has a presence in Harrods, London, demonstrating a premium offering. The website highlights a commitment to British craftsmanship and quality materials, from Italian leather to Harris Tweed.

Financially, Carlton Furniture shows a mixed picture. Current assets decreased by 28%, falling to £860,000, while net assets plummeted 47%, settling at £130,000. Bank borrowings increased, and cash reserves declined significantly. Creditors, however, decreased by 13%, suggesting improved debt management. The company meets the criteria for a small business—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size and exemption from an audit.

The decrease in equity is a notable concern, and the drop in cash reserves indicates a need for careful financial management. While the Vintage Sofa Company’s presence in Harrods suggests a thriving premium arm, the overall financial picture reveals some pressure. The company’s long history and commitment to quality could help it weather these challenges, but ongoing monitoring of its financial health will be important.

Registered in England/Wales under the registration number 04117528, with a registered address at NG5 1AP, United Kingdom, Nottingham, Newstead House Pelham Road, Sherwood Rise.

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