Celebrity Motion Furniture Limited

Celebrity Motion Furniture Limited, based in Sutton-In-Ashfield, UK, is a medium-sized holding company with an active status, having been incorporated 24 years ago in June 2000. The company employs 132 people and holds assets valued at £5,034,836, generating a yearly revenue of £17,634,417. It has three directors, one owner, and a respectable Google rating of 4.0 based on 14 reviews. The company regularly imports electrical machinery and equipment, with 264 months of import activity recorded.

The company operates in the manufacture of other furniture industries, offering a wide range of recliners, sofas, and chairs through its website. The site features detailed product information, fabric options, and a cookie management system, indicating a focus on user experience. Customers can browse through various upholstery choices, including leather and fabric, and even utilize a customizer tool to personalize their furniture. The website also provides information on replacement parts, guarantees, and headrest lumbar support.

Financially, Celebrity Motion Furniture Limited demonstrates some concerning trends. While turnover increased by 7.4% to £18 million, net assets decreased by 14% to £2.6 million. Cash bank on hand plummeted 86% to just £19,000, and bank borrowings increased significantly. Despite this, creditors decreased slightly, suggesting improved debt management. The company’s medium size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) allows for flexibility, but the sharp decline in cash reserves and the rise in bank borrowings are worth noting. The company’s auditor, Charnwood Accountants & Business Advisors LLP, has not reported any significant issues.

The company’s focus on online sales and customisation, coupled with its established brand, positions it well in the furniture market. However, the recent financial performance suggests a need for careful management of cash flow and potentially a review of its borrowing strategy.

Registered in England/Wales under the registration number 04012089, with a registered address at NG17 2JY, England, Sutton-In-Ashfield, Nottinghamshire, Celebrity House Common Road, Huthwaite.

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