Dante Furniture Ltd

Dante Furniture Ltd from Preston UK: a small, active company founded eight years ago, employs just two people, and holds £478,434 in assets. Operating from a virtual address—shared by sixty-nine other companies—it’s a solo founder operation led by a single director and owner. The business runs an e-commerce site, boasting a solid Google rating of 4.0 from 113 reviews, and regularly imports furniture, lighting, and prefabricated buildings, with the latest shipment arriving in June 2024.

The company's website, Dante Furniture, presents itself as a retailer of sofas, beds, and chairs, with a focus on handmade and quality-approved furniture. It offers a wide range of styles, from contemporary armchairs to spacious corner sofas, and even features a "smart sofa collection" with innovative tech features. The site promotes flexible payment options, including "Pay in 3 installments with PayPal," and highlights a five-year frame guarantee on all sofas. It also has showrooms in Burnley and Mexborough.

Financially, Dante Furniture Ltd’s recent performance shows some mixed signals. While current assets increased by 27% to £480,000, net assets only grew by 18% to £38,000. Bank borrowings decreased significantly, dropping 80% to £5,200, which is a positive sign. Creditors also decreased by 48% to £51,000. The company’s small size—meeting two of three conditions for being classified as small—helps with agility, but the decrease in cash reserves, though not drastic, could indicate a need for careful financial management. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company. Overall, Dante Furniture Ltd appears to be holding its own, but will need to keep a close eye on its cash flow and manage its creditors effectively.

Registered in England/Wales under the registration number 10289206, with a registered address at PR2 3LF, United Kingdom, Preston, Lancashire, Mjh Accountants Limited 129 Woodplumpton Road, Fulwood.

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