Concept Furniture International Ltd

Concept Furniture International Ltd, based in Kidderminster, UK, is a small, holding company with an active status. Established 27 years ago in 1997, the company employs 53 people and holds £1,395,079 in assets. It operates from a real address and is managed by two directors and one owner. The business runs an e-commerce site and has a respectable Google rating of 4.0 based on 15 reviews. It’s an irregular importer, primarily dealing with man-made filaments and related materials, with its last import activity recorded two months ago.

The company’s website showcases a focus on furniture hire for exhibitions and events. Concept Furniture International Ltd offers a wide range of items, including chairs, stools, tables, soft seating, and illuminated combinations, catering to venues across the UK and Europe. The company boasts over £2 million worth of stock, a large fleet of transport, and a dedicated sales team. It even provides a video showcasing its services and offers resources like CAD files, FAQs, and a blog.

Financially, Concept Furniture International Ltd presents a mixed picture. Current assets have decreased by 15% to £1,400,000, while net assets have increased by 14% to £410,000. Bank borrowings have significantly reduced by 19%, with overdrafts falling to £140,000. However, trade debtors have also declined by 22%, suggesting potential issues with customer payments. Creditors have fallen by a substantial 58%, indicating improved debt management. The company's small size (meeting two of three conditions for a small company) allows for agility, but the fluctuating debtor and creditor balances warrant close monitoring. The company is exempt from an audit, so the financial data is unaudited.

Overall, Concept Furniture International Ltd appears to be navigating a period of change. While it maintains a strong online presence and a diverse product range, the financial figures suggest a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 03388966, with a registered address at DY10 4JB, Kidderminster, Worcestershire, Unit 131 Hartlebury Trading Estate, Hartlebury.

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