Fact Furniture Limited

Fact Furniture Limited, based in London, UK, is a small, active family business established fifteen years ago. With eight employees and £1,837,436 in assets, the company operates from a real address and is managed by two directors and two owners. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 158 months of import activity recorded, the latest in December 2024.

The company’s website, Fact Furniture and Critical Thinking, presents itself as an innovative and service-driven furniture consultancy and supplier. It emphasizes a commitment to deep thinking, challenging decisions, and acting as a “critical friend” to clients. The site also features a separate section dedicated to climate theory and an incubator team, suggesting a broader range of interests beyond furniture supply. It’s clear the business isn’s just selling furniture; it’s positioning itself as a thought leader in the industry.

Financially, Fact Furniture Limited’s recent performance reveals a mixed picture. Cash bank holdings have decreased by a significant 28%, dropping to £710,000, while creditors have increased by 0.5% to £730,000. Trade debtors have risen sharply by 17%, reaching £1,000,000, which could indicate increased sales but also potential issues with collecting payments. Interestingly, other inventories have surged by a staggering 130%, jumping to £110,000, possibly reflecting increased stock levels or a shift in purchasing strategy. Despite these fluctuations, net assets have increased by 3.5%, reaching £1,000,000. 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 agility, but the decline in cash reserves warrants attention. As a small company, it’s exempt from a full audit, relying on unaudited financial statements.

Overall, Fact Furniture Limited appears to be navigating a period of change. The company’s focus on consultancy and broader themes, combined with the fluctuating financials, suggests an evolving business model—one that may be facing both opportunities and challenges.

Registered in England/Wales under the registration number 06942622, with a registered address at E1 5LP, London, 63-65 Princelet Street.

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