Fabulous Flatpack Ltd

Fabulous Flatpack Ltd from London UK: a small company with an active status, founded six years ago, employs just two people, and operates from a virtual address. It's led by one director and has two owners. The company operates in the retail sale via mail order houses or via internet industries.

The business, as showcased on its website, specializes in flat-pack furniture assembly, offering a "You buy it, we build it" service across the UK. It caters to a wide range of furniture types, including indoor, outdoor, sports equipment, and garden toys. The website prominently features partnerships with major retailers like Amazon, John Lewis, and Argos, highlighting its reputation and reliability. Screwdriver, as the company is known, boasts over 140 skilled professionals and emphasizes punctuality, professionalism, and customer satisfaction. It's a service-based business, relying on skilled labor and efficient logistics to deliver value to its customers.

Financially, Fabulous Flatpack Ltd presents a concerning picture. While the company is small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its financial health is precarious. Current assets have vanished completely, dropping 100% to zero, and cash reserves have also disappeared, falling 100% to zero. Equity has plummeted 3.3% to -£30,000, and net current assets liabilities are also at -£30,000. Creditors have risen slightly by 2.8% to £30,000. The lack of cash and the negative equity suggest the company is burning through money, potentially struggling to cover its expenses. The fact that there is no auditor mentioned, as is common for small companies, means these figures are unaudited. It’s possible that the company is reliant on trade credit to keep operating, but the trend is definitely worrying.

Registered in England/Wales under the registration number 11373678, with a registered address at EC1R 5HL, United Kingdom, London, 8 Coldbath Square.

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