Fifty Sixty Seventy Ltd

Fifty Sixty Seventy Ltd is a small, active company from Borehamwood, UK, founded five years ago in 2019. With two employees and £668,836 in assets, it operates from a virtual address and is managed by one director and two owners. The company runs an e-commerce site and regularly imports and exports furniture, lighting, and prefabricated buildings – 43 months of imports and 110 months of exports recorded.

The company’s website, fifty sixty furniture, showcases a range of products and highlights a focus on customer service. It seems to be a standard e-commerce operation, with a simple design and clear product categories. It’s a pretty straightforward setup, really.

Financially, Fifty Sixty Seventy Ltd presents a mixed picture. While current assets have increased by 26% to £670,000, net assets have also risen by 31% to £500,000. However, cash bank on hand has significantly dropped by 71%, falling to £27,000. Creditors have also increased by 15%, reaching £170,000. The company’s small size (meeting two of three conditions for being small) helps it remain agile. The lack of an auditor mentioned suggests that the accounts are unaudited. It’s a bit concerning that cash reserves are so low, but the increase in assets suggests that the company is generating sales. It's also worth noting that the company’s turnover is not mentioned, which makes it difficult to fully assess its financial health. The company’s directors are Morris Luke and Mathews Laura Dewe.

Registered in England/Wales under the registration number 12078470, with a registered address at WD6 1JD, United Kingdom, Borehamwood, Hertfordshire, 5 Elstree Gate, Elstree Way.

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