Coyte Furnishings Limited

Coyte Furnishings Ltd from Burton-On-Trent UK: a small, active company established 51 years ago, employs nine people, and holds £1,074,349 in assets. Boasting a real address and managed by two directors and one owner, it maintains a stellar 5.0 Google rating from 145 reviews. The company is a regular importer of furniture, lighting, and prefabricated buildings, with recent activity recorded just last month.

The company’s website showcases a wide range of furniture offerings, from bedroom sets and sofas to dining tables and chairs. It’s clear that Coyte Furnishings caters to a broad range of tastes, with both contemporary and traditional styles represented. The site emphasizes British manufacturing, offering an extra 10% off ranges made in the UK—a nod to its heritage and commitment to local industry. There's even a section dedicated to mattress recycling, demonstrating a focus on sustainability. The website also has a blog, with seasonal offers and a focus on British manufacturing.

Financially, Coyte Furnishings Ltd presents a mixed picture. Cash reserves grew by a substantial 26% to £820,000, which is good news, but bank borrowings also decreased by 25% to £28,000. Creditors increased by 17% to £480,000, which could indicate expanding operations, but trade debtors also increased by 47% to £35,000. Net assets grew by 20% to £620,000. The company’s small size—meeting two of three criteria for being a small company—allows for agility, but the fluctuations in debt management are something to keep an eye on. There was no auditor mentioned, which is likely due to the company’s exemption as a small company.

Overall, Coyte Furnishings Ltd appears to be a well-established business with a strong reputation, but the financial data suggests it’s navigating some challenges. The company’s focus on British manufacturing and customer service positions it well for continued success, but keeping a close watch on debt management will be key.

Registered in England/Wales under the registration number 01124554, with a registered address at DE14 1RN, England, Burton-On-Trent, Staffordshire, . Derby Road.

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