Edward Williams Furniture Ltd

Edward Williams Furniture Ltd from Milton Keynes UK: a small, active company founded 18 years ago, employs 47 people, and holds £1,875,499 in assets. It has a real address, three directors, and two owners, boasting a stellar 5.0 Google rating from eight reviews. The company is an irregular importer of stone, plaster, cement, and similar materials, with just one month of imports recorded back in June 2022.

The company operates in the manufacture of office and shop furniture industries. It’s a small business, meeting two of three conditions: turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees. The company’s website is not available, so it’s difficult to know if it’s an ecommerce business.

Financially, Edward Williams Furniture Ltd shows a mixed picture. Current assets have increased by 20%, reaching £1,900,000, while net assets have increased by 26%, reaching £250,000. Bank borrowings have increased by 31%, reaching £690,000, and cash reserves have increased by 45%, reaching £110,000. Creditors have decreased by 23%, suggesting better debt management. The company’s small size helps it stay agile, but the increased bank borrowings could be a concern. There's no auditor mentioned, so the figures are unaudited.

It seems like Edward Williams Furniture Ltd is growing, but it's also taking on more debt. Whether this is a sustainable strategy remains to be seen, but the company’s strong Google rating suggests that customers are happy with its products and services.

Registered in England/Wales under the registration number 06135369, with a registered address at MK3 7QT, Milton Keynes, 10/11 Denbigh Hall Industrial Estate, Denbigh Hall, Bletchley.

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