Extreme Furniture Limited

Extreme Furniture Limited, based in Birmingham, UK, is a small, active company founded thirteen years ago in 2012. It's a solo founder operation, managed by one director and owner, Fulara Dariusz. The company holds £75,370 in assets and operates from a virtual address shared by thirty other companies, a bit unusual, really. It’s a regular importer, focusing on furniture, lighting, and prefabricated buildings—though import activity has been limited to just three months, with the last operation in October 2022. The company's core business involves the retail of furniture, lighting, and similar items through a specialized store.

The company’s website showcases a range of modern living room furniture sets, TV cabinets, display cabinets, and sideboards, often featuring LED lighting. It’s clearly an e-commerce operation, with product descriptions, care instructions, and even a warranty and complaints section. The site emphasizes stylish design and competitive pricing, with options to add items to favorites and a newsletter sign-up for promotions. The website is well-designed and looks professional, with a lot of product images.

Financially, Extreme Furniture Limited presents a mixed picture. Current assets have increased by 20%, reaching £75,000, while cash reserves also grew by 6.9% to £57,000. However, creditors have surged dramatically—580%—reaching £10,000, and debtors have also increased significantly, rising by 94% to £18,000. Tax and social security payable also saw a big jump, increasing by 440% to £5,900. Despite meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the rise in creditors and tax liabilities suggests the company may be stretching its resources. The accounts are described as “filleted” and unaudited, relying on director-reported data.

While the company seems to be doing well with its online sales, the increased debts raise some questions. It’s possible that the company is investing in growth, but it’s also possible that it’s facing some financial pressures. It will be interesting to see how the company performs in the coming years.

Registered in England/Wales under the registration number 07937079, with a registered address at B31 2LX, England, Birmingham, The Barn 173 Church Road, Northfield.

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