Contract Furniture (north) Uk Ltd

Contract Furniture (North) Uk Ltd, based in Kingswinford, UK, is a small, active company founded five years ago. With four employees and £518,299 in assets, it operates from a virtual address, a detail that’s a little unusual given that ninety-three other companies are registered at the same location. The business is managed by two directors and owned by two individuals, although it's worth noting that the ownership list was changed eight months ago.

The company’s core business involves importing and exporting furniture, lighting, and prefabricated buildings, though activity has been irregular—one month of imports and two months of exports recorded. It’s also described as operating in the manufacture of other furniture industries. A quick look at their website reveals a wide range of furniture options, from bespoke pieces to stock items, catering to hospitality, leisure, and care sectors. They even offer fit-out services, including design and refurbishment, and have a dedicated section showcasing past projects. The site is well-designed and easy to navigate, with a focus on online sales and a comprehensive catalog.

Financially, the picture is a little mixed. Cash reserves have declined significantly, dropping 61% to £14,000, while creditors have increased by 33% to £500,000. Debtors have also risen by 12% to £380,000. However, current assets have increased slightly, by 7.3% to £520,000. The company’s small size—meeting two of three criteria for being classified as small—allows for agility, but the decrease in equity, dropping 92% to just £2,100, is a cause for concern. The accounts are unaudited, a common occurrence for small companies, and the company is exempt from an audit. It’s worth noting that the company's accounts are 'filleted' and prepared using VT Final Accounts software.

Registered in England/Wales under the registration number 11962183, with a registered address at DY6 7YB, England, Kingswinford, West Midlands, Unit 4 Darwin House Dudley Innovation Centre, The Pensnett Trading Estate.

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