Cfd Sofas Limited

Cfd Sofas Ltd from Willenhall UK is a small, active company founded thirteen years ago. It employs just one person and holds £715,712 in assets, operating from a real address. With two directors and a solo founder, Dean Courtney, it boasts a perfect 5.0 Google rating based on two reviews. The company regularly imports furniture, lighting, and prefabricated buildings—a total of 44 months of imports, with the last operation occurring in August 1994.

Cfd Sofas Ltd operates as a wholesale supplier of sofas, furniture, and related items, primarily targeting trade customers. Its website clearly indicates a focus on direct-to-trade sales, with a dedicated login section for existing customers and instructions for new customers to contact the company for login details. The site showcases a range of products, including sofas, chairs, furniture, and beds, with a separate section for discontinued items. It also provides contact information and a map to its location in Willenhall. The website, while functional, has a somewhat dated design.

Financially, Cfd Sofas Ltd presents a mixed picture. Cash bank on hand increased by a solid 18% to £180,000, and current assets grew by 7.2% to £720,000. However, net assets also increased by 11% to £660,000. Bank borrowings are stable, with an overdraft of £10,000. Creditors decreased by 10%, suggesting improved debt management. The company’s small size (meeting two of three conditions for being small) helps it remain nimble, but the increase in corporation tax payable to £7,600 is worth noting. There’s no mention of an auditor, likely due to the company’s small size and exemption from an audit.

Overall, Cfd Sofas Ltd appears to be financially stable, with healthy cash reserves and growing assets. The company’s focus on wholesale trade and its strong online presence suggest a sustainable business model. However, the increase in corporation tax payable and the lack of employee growth are points to keep an eye on.

Registered in England/Wales under the registration number 07676234, with a registered address at WV13 1PW, England, Willenhall, Unit 5 John Street.

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