Clockhouse Furniture Limited

Clockhouse Furniture Ltd, based in North Berwick, UK, is a small, active company established 20 years ago. With 15 employees and £138,748 in assets, it operates from a real address and is overseen by five directors and a single owner. The business regularly imports furniture, lighting, and prefabricated buildings (over four months), and exports the same items (for 55 months), showcasing a dual international trade focus.

The company’s website, clockhousefurniture.com, presents a diverse range of furniture, from seating and tables to storage and mirrors, catering to both contemporary and traditional tastes. Notably, it emphasizes bespoke designs and expert craftsmanship, with a focus on collaborations with designers to create unique pieces. The site highlights a commitment to British manufacturing and offers a wide selection of colors and finishes. It's clear they're targeting a higher-end market, with a focus on quality and customization.

Financially, Clockhouse Furniture Ltd shows a mixed picture. Current assets have decreased by 33%, dropping to £140,000, while net assets have also declined by 4.4% to £320,000. Bank borrowings have seen a significant increase, rising by 69%, reaching £26,000. However, creditors have also decreased by 22%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company's accounts are unaudited, as is common for small entities.

The sharp decrease in cash reserves, combined with increased bank borrowings, suggests the company may be facing tighter cash flow. However, the decrease in creditors indicates they're managing their liabilities effectively. It’s possible the company is reinvesting in its business to support growth, but the trend warrants close monitoring.

Registered in Scotland under the registration number SC281686, with a registered address at EH39 5AW, North Berwick, East Lothian, Drem Airfield, Fenton Barns.

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