Coda Furniture Limited
- Small
- Active
- 3 years
- 3 employees
- £384,191 (assets)
- Virtual address
- 2 directors
- 2 owners
- Regular importer
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Coda Furniture Limited, based in Brighton, UK, is a small, active company founded just three years ago in 2022. It’s a tight-knit operation with two directors and two owners, boasting a real registered address and just £46 in assets. The company regularly imports furniture, lighting, and prefabricated buildings—a total of 25 months of import activity, with the most recent in February 2025. It operates in the development of building projects industries.
The company’s website highlights a “fresh, freethinking furniture consultancy” focused on independent and sustainable design and procurement. It emphasizes creating spaces where people want to be, developing interior solutions that support agility, comfort, and connectivity. The site features case studies, an Instagram feed showcasing design inspiration, and a straightforward contact form. It's clear Coda Furniture aims to position itself as a design-led consultancy rather than a standard furniture retailer.
Financially, Coda Furniture Limited presents a concerning picture. While it’s a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its financial data suggests a company struggling to stay afloat. Net assets are a negative £5, and cash reserves are a meager £45. Bank borrowings are at £49, and net current assets liabilities are a negative £3. The lack of employees (zero reported) indicates a lean operation, but the significant equity decline raises serious questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited director-reported data.
It's clear Coda Furniture is facing financial strain. While its design-focused approach and client testimonials suggest a strong brand, the underlying financials reveal a company burning through money. Whether it can sustain its operations and turn the tide remains to be seen, but for now, Coda Furniture is betting on its design expertise and client relationships to overcome these challenges.
Registered in England/Wales under the registration number 14054560, with a registered address at BN1 1AD, England, Brighton, 8-9 Ship Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 3 years
- 4
- 25%+
-
Resident of United Kingdom
-
Individual
- 3 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
- 6
-
Resident of United Kingdom
-
Individual
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
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Total exemption full accounts made up to 2024-09-30Download 7 pages pdf report
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Second filing of Confirmation Statement dated 2024-07-21Download 3 pages pdf report
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21/07/24 Statement of Capital gbp 4Download 4 pages pdf report
Importer profile by HS codes
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Last imported products
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