Dams Furniture Limited

Dams Furniture Ltd from Knowsley UK is a large company, holding company, and active status, founded fifteen years ago in 2009. Employing 365 people, it holds assets worth £22,358,324 and generates a yearly revenue of £63,365,956. Based at a real address, it's managed by nine directors and has one owner. The company operates an e-commerce site and boasts a Google rating of 4.0 based on 41 reviews. It regularly imports and exports furniture, lighting, and prefabricated buildings, with 467 months of import activity and 444 months of export activity.

Classified as a large company, Dams Furniture met two out of three conditions: turnover exceeding £36 million and a balance sheet total exceeding £18 million, alongside having more than 250 employees. It functions as a holding company, maintaining an active status. The company’s financial data reveals some interesting trends. Accrued liabilities and deferred income have increased significantly, jumping 250%, while accumulated amortisation and impairment of intangible assets have also risen substantially. However, cash bank on hand has increased by a healthy 63%, suggesting improved liquidity.

Despite these positives, there are some concerns. Creditors have decreased by 19%, and net assets have fallen by 9.9%. Borrowings have also decreased, which could indicate a need for additional funding to support growth. The company’s revenue has remained constant, and net losses have increased, which is a worrying sign. The company’s auditor, Mazars LLP, hasn’t reported any significant issues, but the financial data suggests that Dams Furniture Ltd is facing some challenges.

The company’s website highlights its commitment to UK manufacturing and its flexible approach to customer service. It offers a wide range of products, from desks to seating, and caters to various markets, including education, healthcare, and government buildings. The website also emphasizes its social spaces portfolio, designed to transform offices into modern, multifunctional workspaces. The company is currently recruiting, indicating a desire to expand its workforce and operations. The company’s website also has a typo, saying “Damshome” instead of “Dams Home” several times.

Registered in England/Wales under the registration number 07014675, with a registered address at L33 7XS, Knowsley, Merseyside, Gores Road, Knowsley Industrial Park.

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