City Furniture Services Ltd

City Furniture Services Ltd, based in Byker, UK, is a small, active company founded 23 years ago. With ten employees and £92,522 in assets, it’s a solo-founded operation managed by a single director and owner, Mohammed Yousaf. The company operates a retail business, specializing in furniture, lighting, and prefabricated buildings—importing these items regularly, with the last shipment arriving in February 2025.

Its website, City Furniture, is a fully-fledged e-commerce platform, offering a wide range of furniture for every room, from living room sectionals to bedroom sets and outdoor collections. The site is packed with features, including a 3D room planner, photo search, and even a VIP membership program. It's clear the company is investing in a modern online shopping experience, with promotions like "Up to 40% Off Doorbusters" and "Free Design Services" prominently displayed. The site also highlights partnerships with well-known mattress brands like Sealy, Serta, and TempurPedic, suggesting a focus on quality and brand recognition.

Financially, City Furniture Services Ltd presents a mixed picture. Current assets have plummeted by 54%, dropping to £93,000, while net assets have also taken a hit, falling 380% to £15,000. Bank borrowings have decreased by 17%, reaching £27,000, and cash reserves have dropped significantly by 57%, leaving just £39,000. Trade debtors have also decreased by 58%, suggesting better collection of payments. The company’s small size (meeting two of three conditions for being a small company) helps it remain flexible, but the sharp decline in equity raises concerns. The accounts are unaudited, as is common for small companies.

Overall, City Furniture Services Ltd seems to be navigating a challenging period, with declining assets and a reduction in cash reserves. However, its robust online presence and focus on quality brands suggest a potential for recovery—although the company will need to address its financial pressures to ensure long-term sustainability.

Registered in England/Wales under the registration number 04425233, with a registered address at NE6 1DL, United Kingdom, Byker, Newcastle Upon Tyne, C/O Homestore Living, 61 Shields Road.

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