Chrysties Furnishing Centre Ltd

Chrysties Furnishing Centre Ltd, based in Hawick, UK, is a small, active company founded eleven years ago. Employing 34 people, it holds assets of £1,267,290 and operates from a real address on Victoria Road. With four directors and one owner, the business enjoys a stellar 5.0 Google rating based on 162 reviews. Chrysties is a regular importer of furniture, lighting, and prefabricated buildings, with 38 months of import activity recorded, the last in February 2022.

The company’s website showcases a wide range of furniture and flooring options, catering to diverse tastes and budgets. From sofas and beds to carpets and dining sets, Chrysties offers a comprehensive selection for the home. The site also highlights various brands, including Alexander James, Alstons, and G Plan, suggesting a focus on quality and style. It’s clear that Chrysties operates primarily as a retail business, with a physical showroom and online presence.

Financially, Chrysties shows a mixed picture. While cash bank on hand increased by a healthy 65% to £530,000, net assets remained relatively stable. However, bank borrowings decreased significantly by 74% to £14,000, and trade payables increased by 35% to £34,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in trade payables might indicate some cash flow challenges. Average number of employees decreased by 8.8% to 31, which could be due to seasonal fluctuations or restructuring. The company is exempt from an audit, so the financial statements are unaudited.

Despite these financial nuances, Chrysties Furnishing Centre Ltd appears to be a well-regarded local business with a strong online presence. Its focus on quality furniture and customer service, combined with its long-standing presence in Hawick, positions it well for continued success, though careful management of cash flow will be essential.

Registered in Scotland under the registration number SC471256, with a registered address at TD9 7AH, Hawick, Victoria Road.

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