Comfort Seating Uk Ltd

Comfort Seating UK Ltd, based in Ayr, UK, is a small, active company founded five years ago. With six employees and £925,539 in assets, it operates from a virtual address, managed by one director and two owners. The firm regularly imports furniture, lighting, and prefabricated buildings, with the latest import activity occurring in October 2024. It's a wholesale business focused on furniture, carpets, and lighting equipment.

The company's website is not available, so it's difficult to determine if they operate an e-commerce site. However, the import activity suggests a business-to-business model, supplying retailers or other wholesalers.

Financially, Comfort Seating UK Ltd presents a mixed picture. While current assets have increased significantly to £930,000, a 31,000% jump, equity has plummeted to -£100,000. Bank borrowings have also risen dramatically, reaching £280,000. Creditors have increased to £1,100,000. Despite these challenges, trade debtors have decreased to £160,000, suggesting improved collection efforts. The company's small size (meeting two of three criteria for a small company) allows for flexibility, but the substantial equity decline warrants closer examination. No auditor is mentioned, which is typical for small, exempt companies.

The large increase in cash reserves, however, is a positive sign. It’s possible the company secured a loan or received a significant payment, allowing it to manage its increased liabilities. The company's financial data indicates a period of rapid change, possibly due to increased investment or expansion.

Registered in Scotland under the registration number SC658711, with a registered address at KA7 2AY, Scotland, Ayr, 6 Miller Road.

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