Connollys Of Moy Ltd

Connollys Of Moy Ltd, based in Dungannon, Northern Ireland, is a small, active company founded nine years ago in 2016. With 18 employees and £1,701,965 in assets, it operates a thriving e-commerce site and has a solid 4.0 Google rating from 327 reviews. The company is run by two directors and a solo founder, with Vivion Connolly Philip owning the business. Adele Webster is also a director. It has a real registered address and regularly imports furniture, lighting, and prefabricated buildings—six months of import activity were recorded, the last in October 2023.

The company’s website, Connollys of Moy, positions itself as a furniture superstore, offering a wide range of products from beds and sofas to flooring and mobility aids. It emphasizes a 40,000 sq ft showroom and partnerships with well-known brands like Ashley Manor, LaZBoy, and Vispring. The site also promotes services like home visits and online-only offers, suggesting a focus on customer convenience and value. It's a big place!

Financially, Connollys Of Moy Ltd shows a mixed picture. Cash reserves fell 0.65% to £570,000, while debtors plummeted 84% to £28,000—a significant drop. Creditors, however, increased by 4.7% to £640,000, and bank borrowings decreased by 45% to £12,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decrease in equity—3.8% to £1.3 million—raises questions. The company's net assets have also decreased. There’s no auditor mentioned, likely due to its status as a small company.

Despite these fluctuations, Connollys Of Moy Ltd appears to be a well-established player in the Northern Ireland furniture market. The strong Google rating and focus on customer service suggest a loyal customer base. It’s a company that seems to be doing well, but needs to keep a close eye on its finances.

Registered in Northern Ireland under the registration number NI635670, with a registered address at BT71 7SD, Northern Ireland, Dungannon, Ballycullen Industrial Estate Ballycullen Road, Moy.

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