Folmur Holdings Ltd

Folmur Holdings Ltd is a small, active company based in London, UK, founded two years ago. With just two employees and £28,346 in assets, it operates an e-commerce site and is managed by two directors and owners. The company’s registered address is real, with only one other company registered there, suggesting a relatively low-profile operation.

The business primarily engages in retail sales via mail order and internet, catering to customers seeking stylish work chairs and related furniture. Its website showcases a range of products, including the Palo Alto work chair collection, alongside dining chairs, tables, stools, and loungers. Customer reviews are overwhelmingly positive, praising the quality of the products and the efficiency of the service. The site offers free UK mainland delivery for smaller items and a 10% discount for first-time buyers, a common tactic for attracting new customers.

Financially, Folmur Holdings Ltd presents a mixed picture. While the company’s size qualifies it as small (meeting two of three criteria: turnover under £10.2m, assets under £5.1m, and fewer than 25 employees), its current assets remained stable at £28,000. Bank balances also held steady at £8,700, but creditors increased slightly to £5,600. Equity, however, remained constant at £23,000. The lack of employees, coupled with the relatively small asset base, suggests a lean operation, but the stable bank balance indicates a reasonable level of financial health. As a small company, Folmur Holdings Ltd is exempt from an audit, and the financial statements are unaudited.

Overall, Folmur Holdings Ltd appears to be a small, well-managed e-commerce business with a focus on stylish furniture. While the financials don't reveal explosive growth, they suggest a stable and sustainable operation—though, it would be good to see some growth in the future.

Registered in England/Wales under the registration number 14615316, with a registered address at W1B 3HH, United Kingdom, W1b3hh, 3rd Floor Suite, 207 Regent Street.

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