Curtis Furniture Limited

Curtis Furniture Limited, based in Leeds, UK, is a small holding company with an active status, celebrating 27 years since its founding in 1997. Employing 95 people, the company holds £4,134,026 in assets and operates from a real address, managed by three directors and one owner. It’s a regular importer of furniture, lighting, and prefabricated buildings, having imported for 18 months, with the latest import in October 2024. Export activity is minimal, with just one month of exports recorded in November 2022, and no specific product categories listed.

The company specializes in manufacturing hotel bedroom furniture, operating as the UK's largest bespoke manufacturer in this niche. Its website highlights a 25-year history of working with hotels across the UK, emphasizing direct manufacturing, cost savings, reduced lead times, and dedicated project management. Testimonials from prestigious clients like Hilton, Malmaison, and Marriott praise the quality of Curtis’s furniture and the efficiency of its service. The website also showcases a factory-to-customer approach, with a 5-year guarantee and a commitment to sustainability, being a UK-based manufacturer.

Financially, Curtis Furniture Limited exhibits a mixed picture. Cash reserves have significantly increased by 280%, reaching £1,900,000, a positive sign of liquidity. However, net losses deepened from -£10,000 to -£51,000, and bank borrowings increased by 33%, reaching £240,000. Creditors also rose by 21%, reaching £2,900,000, suggesting increased reliance on trade credit. The company’s size, meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), helps maintain agility, but the increase in losses warrants attention. The company is exempt from an audit, and the financial statements are unaudited.

The significant increase in average employees from 95 to 110 suggests a period of expansion, but it’s unclear if this growth is sustainable given the financial pressures. The company’s focus on high-end hotel contracts and its reputation for quality provide a strong foundation, but managing costs and maintaining profitability will be crucial for its continued success.

Registered in England/Wales under the registration number 03406972, with a registered address at LS10 1RT, Leeds, Unit 1b Haigh Park Road.

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