Furnish That Room Limited

Furnish That Room Limited, based in Liverpool, UK, is a small holding company with an active status, celebrating 21 years since its founding in 2004. The company employs 16 people and holds assets totaling £3,091,825. With two directors and a single owner, it operates from a real address shared by only three other companies. The business is a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 13 months of import activity recorded, the latest in December 2024.

Furnish That Room Limited primarily operates as a retail business, offering a wide range of furniture packages and individual items, from living room essentials to bedroom sets and even white goods. The company’s website showcases a comprehensive selection, catering to property professionals and landlords. It provides both standard furniture packages and tailored solutions, even offering services like flooring, window dressing, and kitchen packs. The website highlights its ability to provide a "headache-free furnishing solution" and boasts a showroom dedicated to the build-to-rent sector, displaying various aesthetics like distressed, industrial, modern, and Skandi. The company also offers next-day delivery and maintenance services.

Financially, Furnish That Room Limited exhibits some concerning trends. Creditors increased significantly by 100% to £1.7 million, while cash reserves jumped a substantial 110% to £1.1 million. However, accumulated depreciation on furniture fittings and motor vehicles also increased, suggesting potential wear and tear or investments in new equipment. Average employees grew by 31%, indicating expansion, but bank borrowings decreased by 27%, which is a positive sign. 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 close monitoring. No auditor is mentioned, likely due to the company’s small size.

The company’s owner, Guy And Nan Holdings Ltd, changed five months ago, which could signal a shift in strategy or investment. While the business appears to be actively serving the property sector, the financial data suggests it’s burning through cash, and the increased liabilities are something to keep an eye on.

Registered in England/Wales under the registration number 05108249, with a registered address at L24 9HL, England, Liverpool, Merseyside, Unit 8 Phoenix Park, Goodlass Road.

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