Contract Furniture Limited

Contract Furniture Limited, based in Glasgow, UK, is a small, active company founded 11 years ago. With a single employee and £114,139 in assets, it operates from a real address and is led by a solo founder who also serves as director and owner. The company runs an e-commerce site and is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import operation occurring two months ago in May 2022.

The company’s website highlights its specialization in bespoke and stock furniture for the hospitality, leisure, and care sectors. It offers a wide range of products, from dining chairs and tables to outdoor shelters and soft furnishings, catering to pubs, bars, restaurants, hotels, and care homes. The site also showcases a project locator and emphasizes its commitment to manufacturing, supply, and installation services.

Financially, Contract Furniture Limited’s numbers present a mixed picture. Cash bank on hand dropped by 25% to £61,000, while current assets decreased by 9.6% to £110,000. Trade debtors increased significantly by 18% to £53,000, suggesting potential delays in customer payments. On a more positive note, creditors decreased by 45% to £23,000, indicating improved debt management. Equity, however, grew by 8.4% to £91,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in cash reserves could be a cause for concern. As a small company, it's exempt from an audit, so the financial statements are unaudited. The company’s director, Mr. K.H. Gardiner, owes £3,590 to the company.

Registered in Scotland under the registration number SC476548, with a registered address at G46 6SF, Glasgow, Scotland, 27 The Loaning, Giffnock.

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