Cdc Office Furniture Limited

Cdc Office Furniture Ltd from Berkhamsted UK is a small, active company founded four years ago. With a single employee and £30,228 in assets, it’s a solo founder operation led by a director and owner. The company operates an e-commerce site and enjoys a stellar 5.0 Google rating based on two reviews. It’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company's website showcases a wide range of office furniture, from chairs and desks to storage solutions and soft seating. It’s clear they cater to both home and commercial clients, offering everything from individual chairs to full office refits. A key selling point is their "try before you buy" service, allowing customers to test out chairs before committing to a purchase—a nice touch. They even offer a free space planning service, which is helpful for those struggling to optimize their workspace.

Financially, Cdc Office Furniture Ltd shows some concerning trends. While bank borrowings increased by a significant 400%, current assets plummeted 52% to £30,000, and cash reserves vanished completely. Equity also took a massive hit, decreasing by 97% to just £1,700. Trade debtors decreased by 69%, which is a positive sign, but the overall picture suggests the company is burning through cash. Despite the decline in net assets, the company's creditors decreased by 28%, which could indicate better management of short-term liabilities. With no auditor mentioned, the financial statements are unaudited.

The company’s small size and solo founder status likely contribute to its agility, but the sharp decline in equity and cash reserves raises questions about its long-term viability. While the e-commerce site appears well-organized and the customer reviews are positive, Cdc Office Furniture Ltd needs to address its financial challenges to ensure its future success.

Registered in England/Wales under the registration number 13049183, with a registered address at HP4 2SU, England, Berkhamsted, Hertfordshire, Haresfoot, Unit 20 Haresfoot Farm.

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