Fraser Grace Ltd

Fraser Grace Ltd, based in Hove, UK, is a small, active family business established eleven years ago. With six employees and £1,493,419 in assets, it operates from a virtual address – a detail flagged by the presence of 266 companies registered at the same location. The company is led by two directors and two owners, Foley Barry and Foley Fiona. It’s a regular importer and exporter, specializing in furniture, lighting, and prefabricated buildings, with 113 months of import activity and 13 months of export activity as of January 2025.

The company’s website, FraserGrace, showcases a collection of office furniture, clearly linked to the sister brand KOPLUS, sharing a showroom in Clerkenwell. The site highlights over 80 years of commercial furniture experience, emphasizing bespoke design and high-quality products. FraserGrace's furniture is available for viewing in their Clerkenwell showroom, and the website encourages visits. The company also operates a website, 1066 Pianos, which is a high-end piano restoration business.

Financially, Fraser Grace Ltd presents a mixed picture. Cash reserves increased by 15% to £320,000, a positive sign. However, bank borrowings decreased by 49%, and creditors increased by 36%, suggesting a need to manage debt. Trade debtors increased significantly by 55%, which could indicate delayed payments from customers. Despite these fluctuations, the company’s small size – meeting two of three criteria for a small company – allows for agility. The company’s net assets grew by 8.2% to £330,000. The unaudited financial statements, prepared by Sage Accounts Production Advanced, do not mention an auditor. The company’s losses deepened from -£10,000 to -£23,000, which could be a concern.

Registered in England/Wales under the registration number 08693181, with a registered address at BN3 2DL, Hove, East Sussex, 168 Church Road.

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