Fortune Woods Uk Limited

Fortune Woods Uk Ltd, based in Pontyclun, Wales, is a small, active holding company established fourteen years ago. With ten employees and £1,081,480 in assets, it operates from a real address shared by just two other companies, suggesting a genuine business location. The company, overseen by three directors and a single owner, boasts a stellar 5.0 Google rating based on nineteen reviews. It’s a regular importer and exporter of furniture, lighting, and prefabricated buildings, with 221 months of import activity and 23 months of export activity recorded.

The company’s website, Abode, positions itself as a supplier of inspirational home furniture to retailers across the UK. It emphasizes 24-hour access to its stock system, a wide variety of cabinet ranges, and custom upholstery options. Abode’s website showcases an extensive collection of hardwood furniture and upholstery ranges, inviting retailers to become stockists and transform their product lineups. The website also features a gallery of ranges, including VA, MH, GN, and CB, alongside contact information and general information about the company.

Financially, Fortune Woods Uk Ltd’s recent performance presents a mixed picture. Accumulated depreciation for computer equipment has increased by 22%, while furniture fittings have seen a significant rise of 64%. However, motor vehicles have experienced a decline of 34%, and plant machinery has fallen by 2.6%. The number of employees has decreased slightly, from ten to nine. Bank borrowings have risen by 6%, but cash reserves have plummeted by a staggering 100%, leaving just £95. Creditors have decreased by 37%, suggesting better debt management. Equity, however, has increased substantially, rising by 190%. Despite these fluctuations, the company’s small size (meeting two of three criteria for a small company) allows for agility. The unaudited financial statements, lacking an auditor’s report, rely on director-reported data.

Overall, Fortune Woods Uk Ltd appears to be navigating a period of change. While some areas show improvement, the dramatic decrease in cash reserves warrants close monitoring. The company’s focus on supplying furniture retailers and its strong online presence suggest a potential for continued growth, but careful financial management will be crucial for long-term success.

Registered in England/Wales under the registration number 07640857, with a registered address at CF72 8QZ, Wales, Pontyclun, Unit 11 Parc Busnes Edwards, Llantrisant.

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