Finn Deluxe Ltd

Finn Deluxe Ltd, based in Chessington, UK, is a small, active company founded three years ago. With two employees and £39,402 in assets, it operates as an importer of furniture, lighting, and prefabricated buildings—though import activity has been irregular, with just one month recorded as of January 2024. The company has three directors and one owner, Hung Ka Chi, and boasts a real registered address.

The company's website, Finn Deluxe, presents itself as a purveyor of “living as a work of art,” offering a range of modern furniture and home decor items, including bar stools, chairs, coffee tables, and cushion covers. The site emphasizes style, comfort, and unbeatable value, with a focus on online sales and free shipping over £50. It seems to be a fully functional ecommerce site, with product pages, a blog, and a wish list feature.

Financially, Finn Deluxe Ltd shows a mixed picture. While current assets increased by 37% to £39,000, net assets decreased significantly by 280% to -£19,000. Creditors increased by 62% to £66,000, suggesting increased borrowing, and bank cash decreased by 0.39% to £26,000. 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 large equity drop is concerning. Intangible assets increased by 15% to £9,400, and the company’s accounting standards applied are small entities. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. It’s a bit confusing that the company has such a large increase in intangible assets.

Overall, Finn Deluxe Ltd appears to be a small ecommerce business facing financial pressures. It’s unclear if the company can sustain its current trajectory, but its focus on modern design and online sales could provide a path to future growth.

Registered in England/Wales under the registration number 13959694, with a registered address at KT9 1BD, United Kingdom, Chessington, Surrey, Trident Court, 1 Oakcroft Road.

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