Frank Knighton Suite Centres Limited

Frank Knighton Suite Centres Ltd from Ilkeston UK is a small, active company founded 28 years ago. Employing 19 people, it holds assets valued at £1,768,172 and operates from a real address. With four directors and one owner, the company runs an e-commerce site and enjoys a stellar Google rating of 5.0 based on 206 reviews. It’s a regular importer of furniture, lighting, and prefabricated buildings, having imported for three months, with the last import operation occurring in June 2023.

The company’s website showcases a wide range of sofas, chairs, and furniture brands, including Parker Knoll, Alstons, and GPlan. They offer both handmade and custom-made options, catering to diverse tastes and budgets. The site highlights a commitment to quality and craftsmanship, emphasizing the expertise of their upholsterers and the availability of ex-display and clearance furniture. They even have showrooms in Ilkeston, Derby, and Nottingham, providing customers with an in-person shopping experience.

Financially, Frank Knighton Suite Centres Ltd shows some interesting trends. While cash reserves increased by a healthy 32% to £1,100,000, net assets also grew by 21% to £1,100,000. However, accrued liabilities jumped significantly, increasing by 400% to £52,000—a possible sign of increased operational expenses. Trade debtors also rose by 36% to £72,000, which could indicate a delay in customer payments. 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 flexibility, but the rise in liabilities warrants attention. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

Overall, Frank Knighton Suite Centres Ltd appears to be a well-regarded business with a strong online presence and a commitment to quality. However, the increase in liabilities suggests a need to carefully manage expenses and ensure timely customer payments.

Registered in England/Wales under the registration number 03303594, with a registered address at DE7 8GE, Ilkeston, Derbys, Critchley Court, Wood Street.

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