David Seyfried Limited

David Seyfried Ltd from Cobham, UK, is a small, family-run business with an active status, having been founded 23 years ago. The company employs 14 people and holds £1,416,173 in assets. It operates from a virtual address, with three directors and two owners overseeing its operations. Regular imports of knitted or crocheted fabrics have occurred over the past four months, while exports of furniture, lighting, and prefabricated buildings have been ongoing for five months.

The company’s website showcases a focus on high-end upholstered furniture, handmade in England. David Seyfried Ltd caters to both residential and hospitality clients, offering a range of sofas, chairs, stools, and headboards. The site highlights a collaboration with Salvesen Graham and emphasizes the company’s 40 years of experience in designing and manufacturing furniture. It appears to be a direct-to-consumer operation, with no mention of wholesale or retail partners. The website gives a professional image, with high-quality photography and detailed product descriptions. It’s not clear if the company operates an e-commerce site, but the website does include contact information and a price list.

Financially, David Seyfried Ltd shows a mixed picture. Cash bank on hand increased significantly by 43% to £530,000, and current assets also rose by 21% to £1,400,000. However, accrued liabilities increased by 1.4% to -£3,500, and property plant equipment decreased by 38% to £360. Despite these fluctuations, net assets increased by 19% to £1,100,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in liabilities warrants attention. With no auditor mentioned, the figures are unaudited.

Overall, David Seyfried Ltd seems to be a stable, albeit small, business. The company’s focus on high-quality, handmade furniture and its strong reputation in the industry suggest a solid foundation. While the financial figures indicate some challenges, the company’s growth in assets and cash reserves are positive signs.

Registered in England/Wales under the registration number 04424206, with a registered address at KT11 2LF, United Kingdom, Cobham, Surrey, 39 Leigh Road.

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