Comfort Home Furnishing Uk Ltd

Comfort Home Furnishing Uk Ltd, based in London, is a small, active company established thirteen years ago in May 2011. With five employees and £944,182 in assets, it operates from a real address and is overseen by two directors and one owner. The company’s primary focus is importing various textile products, sets, used clothing, and rags – a consistent activity spanning fifty months, with the most recent operation in October 2024. It also engages in irregular exporting of furniture, lighting, and prefabricated buildings, with just two months of activity recorded, the last in November 2022.

The company’s business activities encompass wholesale of textiles, wholesale of clothing and footwear, and other business support service activities. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. Kamal Abid and Iqbal Amjad are the directors, while Kamal Abid is listed as the owner.

A review of the company’s financial data reveals a mixed picture. Cash bank on hand decreased by 26% to £190,000, while creditors increased slightly to £710,000. Current assets grew modestly to £940,000, but trade debtors dropped significantly by 13% to £400,000. Equity also saw a small increase, growing by 3.1% to £240,000. Interestingly, total inventories experienced a substantial rise of 65%, reaching £350,000. The company’s tax social security payable decreased by 37%, suggesting better management of these obligations.

The company is exempt from audit as a small company, and the financial statements are prepared in compliance with FRS 102. It's clear that the company is facing some financial pressures, but its established import business and niche export activities suggest a potential for continued operation. The increase in inventory could indicate a buildup of stock, perhaps in anticipation of increased demand, or it could be a sign of challenges in moving goods. The company’s reliance on a small number of key personnel—particularly Kamal Abid—could also pose a risk.

Registered in England/Wales under the registration number 07640518, with a registered address at NW2 7UH, London, 34a Waterloo Road, Suite 4.

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