Edson & Company Limited

Edson & Company Limited, based in Nottingham, UK, is a small, active company founded eleven years ago. Employing 41 people and holding assets of £1,961,149, it operates from a real address and is overseen by three directors and one owner. The company is an irregular importer, primarily dealing with miscellaneous metal items, with its last import operation occurring one month ago.

The company's website, Edsons Bespoke Joinery, showcases a family-owned British business specializing in bespoke furniture, cabinetry, and specialist joinery. Established in 1885, Edsons has evolved into a fifth-generation business, working on prestigious projects for high-end residences. It emphasizes expert craftsmanship and collaboration with architects and interior designers, offering a range of services from design and manufacturing to installation. Recent news highlights include a fundraising challenge with other local businesses and a feature on a landmark London penthouse project.

Financially, Edson & Company Limited presents a mixed picture. While current assets increased by a substantial 34% to £2,000,000, net assets decreased by 13% to £300,000. Bank borrowings have risen significantly, increasing by 65% to £130,000, and cash reserves have experienced a dramatic turnaround, jumping by 1900% to £47,000. Creditors have also increased by 48%, reaching £1,600,000, suggesting potential challenges in managing short-term liabilities. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Despite no auditor being mentioned, the company's financial statements are unaudited. The increase in bank borrowings and the decrease in net assets are concerning, but the substantial growth in current assets and cash reserves suggests a potential for recovery—though it’s unclear what caused the sudden change.

Registered in England/Wales under the registration number 09038714, with a registered address at NG5 1JJ, Nottingham, 550 Valley Rd Basford.

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