Faith Furniture Company Limited

Faith Furniture Company Ltd, based in Hereford, UK, is a small holding company with an active status, celebrating its tenth anniversary this year. Employing 55 people, the company holds assets totaling £2,125,457 and maintains a real address with three directors and one owner. Google users rate it a perfect 5.0 based on 41 reviews, and it’s a regular importer of furniture, lighting, and prefabricated buildings, with the most recent import occurring in December 2024.

The company’s website, LochAnna Kitchens, showcases a wide range of kitchen designs, from the classic Hutton collection to the modern FORM by LochAnna handleless options. The site highlights various finishes, storage solutions, and even offers a virtual showroom tour—a clear effort to engage potential customers online. It appears to be primarily an e-commerce business, allowing customers to browse and potentially order kitchens directly. There's a lot of detail on the site, with multiple collections and finishes to choose from, suggesting a focus on providing a comprehensive selection.

Financially, Faith Furniture Company Ltd presents a mixed picture. Cash reserves increased significantly by 95%, reaching £420,000, which is a positive sign. However, current assets decreased by 11%, falling to £2,100,000, and net assets also saw a slight decline. Trade debtors decreased by 26%, which could indicate improved collection rates, but bank borrowings also dropped, and liabilities decreased by 16%. It's worth noting that the company's average number of employees decreased by 13% to 48, which might be related to restructuring or seasonal fluctuations. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decrease in net assets warrants a closer look. The accounts are unaudited and filleted, so the numbers rely on director-reported data. The company's auditor isn't mentioned, likely due to its small size.

Registered in England/Wales under the registration number 09331622, with a registered address at HR2 6JF, United Kingdom, Hereford, Straight Mile House, Beacon Road.

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