Centrepiece International Ltd

Centrepiece International Ltd, based in Beaconsfield, UK, is a small, active company founded five years ago. With two employees and £254,994 in assets, it’s a solo-founder operation led by a single director and owner. The company regularly imports furniture, lighting, and prefabricated buildings—a consistent stream of imports spanning 24 months, with the last recorded in May 2022.

The company's website showcases a curated selection of furniture, from Angle and Atlantic pieces to more contemporary designs like Orbit and Tribeca. It's clear that Centrepiece International Ltd operates as a wholesale supplier, catering to businesses rather than directly to consumers. The site highlights a focus on elegance and contemporary flair, with a dedicated section showcasing the company's latest models and a call to action to sign up for new stock arrivals. It even has a showroom in London, which is a nice touch.

Financially, Centrepiece International Ltd presents a mixed picture. While average employee numbers increased by 50%, to three, net assets took a significant hit, dropping by a staggering 460% to -£19,000. Bank borrowings increased by 48%, reaching £94,000, and cash reserves remained minimal at just £5. Creditors also rose by 24%, suggesting increased reliance on trade credit. Despite these challenges, trade debtors increased by 13%, which could indicate stronger sales. The company's small size (meeting two of three criteria for a small company) allows for flexibility, but the substantial equity decline warrants attention. The accounts are unaudited, and no auditor is mentioned.

Overall, Centrepiece International Ltd seems to be navigating a period of financial pressure. The company’s focus on high-end furniture and its London showroom suggest a commitment to quality and prestige, but the financial data indicate a need for careful management and possibly a review of its operational strategies.

Registered in England/Wales under the registration number 12257466, with a registered address at HP9 1QL, United Kingdom, Beaconsfield, 55 Station Road.

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