Factory Outlet (nw) Limited
- Small
- Active
- 12 years
- 13 employees
- £945,787 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Factory Outlet (NW) Limited, based in Ashton-Under-Lyne, UK, is a small, active company established twelve years ago. With thirteen employees and £945,787 in assets, it’s a solo-founded operation overseen by one director and owner, Grundy Christopher. The company regularly imports furniture, lighting, and prefabricated buildings—a total of eleven months of import activity recorded, with the last operation occurring in February 2025. It operates from a real address shared by two other companies.
The company’s website, FactoryOutletBlackpool, showcases a range of furniture and home furnishings, including suites, beds, and dining sets. It operates two retail locations, Blackpool and Denton, and emphasizes a wide selection, custom-made options, and competitive pricing. The site also features a dedicated section for bespoke items and highlights its financial services through a partnership with a panel of lenders. It also has a blog, and a cart feature.
Financially, Factory Outlet (NW) Limited shows some concerning trends. Accumulated depreciation impairment property plant equipment increased by 54%, while average number of employees rose by 54% to twenty. Bank borrowings surged by 320%, reaching £40,000, and creditors increased by 40% to £650,000. Cash bank on hand, however, grew by 15% to £330,000, and finished goods decreased by 33%. Trade debtors increased by 7.7% to £170,000. The company meets the criteria to be classified as small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There’s no auditor mentioned, which is likely due to its small size.
Despite a growing number of employees and increased borrowing, Factory Outlet (NW) Limited appears to be holding its own. The company's focus on retail and its diverse product range, combined with its online presence, suggests a continued effort to attract customers. Whether the increase in borrowing is a sign of expansion or a response to rising costs remains to be seen—but for now, the company seems to be navigating the challenges of a competitive market.
Registered in England/Wales under the registration number 08175407, with a registered address at OL7 9NE, England, Ashton-Under-Lyne, 357 Oldham Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 11 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
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Total exemption full accounts made up to 2024-08-31Download 8 pages pdf report
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Confirmation statement made on 2024-07-31 with updatesDownload 4 pages pdf report
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Micro company accounts made up to 2023-08-31Download 4 pages pdf report
Importer profile by HS codes
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Last imported products
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