Centrium Limited

Centrium Limited, a small, family-run business based in London, UK, has been operating for 24 years. Established in 2001, the company employs six people and holds £53,354 in assets. It’s an active status business with three directors and two owners, registered at an address that also hosts 54 other companies, suggesting a virtual address. Centrium Limited regularly imports furniture, lighting, and prefabricated buildings—a consistent stream of imports spanning 12 months, with the latest activity in October 2024. The company operates in the other retail sale not in stores, stalls or markets industries.

The company’s website showcases a design-led manufacturing business, collaborating with architects and furniture dealers to produce modular and bespoke storage solutions. It offers a wide range of products, including storage walls, credenzas, work walls, lockers, and meeting tables, emphasizing design flexibility and custom finishes. The company’s production facility is located in Germany, blending modern technology with traditional craftsmanship. The website also highlights its commitment to environmental policy and FSC certification. Contact information is provided, along with an invitation for skilled individuals to join the team.

Financially, Centrium Limited’s recent performance presents a mixed picture. Current assets have plummeted by a staggering 71%, falling to £53,000, while net assets have experienced an even more dramatic drop, shrinking by 100% to just £230. Bank borrowings have also increased, although not as drastically, rising by 21% to £17,000. Trade debtors have decreased significantly, falling by 67%, suggesting improved collection practices. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in equity raises concerns. With no auditor mentioned, the financial statements are unaudited.

Overall, Centrium Limited appears to be navigating a challenging financial period, despite its established presence and focus on bespoke design solutions. The company's ability to maintain its custom work and adapt to the financial pressures will be key to its long-term success.

Registered in England/Wales under the registration number 04182662, with a registered address at EC1M 4BH, England, London, 5 St. John's Lane.

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