Colin Parker Furniture Limited

Colin Parker Furniture Ltd, based in Newbridge, UK, is a small, active company founded six years ago. With nineteen employees and £112,661 in assets, it’s a family-run operation with two directors and a single owner. The company has a real address and imports stone, plaster, cement, and similar materials irregularly, with the last import occurring over a year ago. It regularly exports furniture, lighting, and prefabricated buildings—a more consistent activity, with the last export recorded nearly two years ago.

The company’s website paints a picture of a bespoke furniture maker specializing in architectural joinery and cabinetry for high-end residential and commercial projects. They design and manufacture freestanding and fitted furniture, working closely with clients to fulfill their aspirations. The website highlights a focus on simple, honest design and quality craftsmanship, with projects spanning Scotland, the UK, and even Europe. They offer a range of services, from design and manufacture to restoration and disaster recovery.

Financially, Colin Parker Furniture Ltd shows a mixed picture. Current assets have decreased by 39%, dropping to £110,000, while net assets have increased by 110% to £13,000. Bank borrowings have increased significantly by 140%, reaching £25,000, and cash reserves have plummeted 100%, leaving just £440. Creditors have also decreased by 31%, suggesting better management of short-term debt. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests they are exempt as a small company, relying on unaudited financial statements.

Despite the decrease in cash reserves, the increase in net assets suggests a positive trend in equity. The increase in bank borrowings could be attributed to investments in equipment or materials, while the decrease in creditors indicates improved debt management. The company’s small size allows for agility, but the fluctuating financial metrics warrant close monitoring.

Registered in Scotland under the registration number SC615876, with a registered address at EH28 8LH, Scotland, Newbridge, Unit 4 Queen Anne Park, 17 Queen Anne Drive.

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