Fireplaces And Furnishings Direct Ltd

Fireplaces And Furnishings Direct Ltd is a small, holding company based in Stockport, UK, with an active trading status. Founded eighteen years ago in 2006, the company employs nine people and holds £1,327,586 in assets. It operates a real address and is managed by three directors and one owner. The company runs an e-commerce site and regularly imports electrical machinery and equipment, with four months of import activity recorded, the last in April 2024.

The company’s primary business involves the retail of furniture, lighting, and similar items—excluding musical instruments—through a specialised store. It’s a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company is a regular importer, with its top import category being Electrical machinery and equipment.

Financially, Fireplaces And Furnishings Direct Ltd shows some interesting trends. Cash bank on hand has fallen by a significant 76%, dropping to £32,000. Creditors have decreased substantially, by 62%, suggesting improved debt management. However, trade debtors have risen sharply, by 34%, which could indicate issues with customer payments. Net assets have increased by 13%, reaching £1.1 million, and equity has also increased by 13%, to £1.1 million. Borrowings have increased, and future minimum lease payments have increased by a whopping 830%.

The company's small size means it's exempt from a full audit, relying on unaudited statements. The increase in debt and the rise in trade debtors are worth keeping an eye on, but the overall picture suggests a company that's holding its own—though perhaps burning through cash a little faster than ideal. The company’s parent company is Calmlight Ltd, and the directors are Leah Adam John, Hancock Ryan Paul, and Hatton Ben.

Registered in England/Wales under the registration number 05868410, with a registered address at M45 7TA, Whitefield, Greater Manchester, Leonard Curtis House, Elms Square, Bury New Road.

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