Farnham Antique Carpets Limited

Farnham Antique Carpets Ltd is a small, active company based in Farnham, UK, founded fifteen years ago in 2009. With three employees and a virtual address registered at Wey Court West, Union Road, it’s a compact operation managed by three directors, although no owners are officially listed. The company’s status is active, and it operates in the retail sale of second-hand goods. It’s an irregular importer of art and antiques, with just one month of import activity recorded as of December 2023, and a regular exporter, with three months of export activity as of December 2024.

The company’s website is non-existent, so it’s difficult to determine if it operates an e-commerce platform. Without a website, it’s likely that Farnham Antique Carpets Ltd relies on other channels to sell its antiques, such as auctions, antique fairs, or private sales.

Financially, Farnham Antique Carpets Ltd shows a mixed picture. Cash reserves remained steady at £180,000, but trade creditors increased significantly by 480% to £71,000, suggesting a potential strain on short-term finances. Debtor levels also rose by 16% to £14,000. Equity declined by 13% to £260,000, and net assets fell by 12% to £260,000. Interestingly, future minimum lease payments decreased by 34% to £110,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the financial data is unaudited.

Overall, Farnham Antique Carpets Ltd appears to be a small business navigating the challenges of the antiques market. While its cash position seems stable, the increase in creditors and decrease in equity suggest that it’s burning through money. The lack of a website and the reliance on virtual address raise questions about its long-term viability, but its active status and regular export activity indicate that it’s still operating.

Registered in England/Wales under the registration number 06942668, with a registered address at GU9 7PT, Farnham, Surrey, Wey Court West, Union Road.

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