Furniture 23 Limited

Furniture 23 Ltd from Weston Super Mare UK: small company, active status, founded 19 years ago, 9 employees, £989,516 assets, real address, 2 directors, 2 owners, family business, google rating 5.0 based on 4 reviews. Regular importer of furniture, lighting, and prefabricated buildings (29 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the other business support service activities n.e.c. industries.

Furniture23 leads the way in supplying premium, stylish contract furniture. The website highlights a focus on simplifying commercial interiors by acting as a single point of contact for multiple furniture manufacturers. They work with project teams to deliver solutions tailored to budget and vision, showcasing recent projects involving office spaces for Thatchers HQ, Creative Construction, and Novuna Vehicle Solutions. The site emphasizes high-quality furniture and a commitment to bringing clients’ visions to life, with a clear call to action to view products or contact the team. The company even has a showroom in Harrods, London.

Financially, Furniture 23 Ltd presents a mixed picture. While current assets have slightly decreased to £990,000, net assets have increased by a significant 22%, reaching £540,000. Cash bank on hand has also seen a healthy increase of 47%, rising to £600,000. However, trade debtors have fallen by a substantial 46%, dropping to £250,000, which could indicate slower payments from customers. Creditors have also decreased by 14%, suggesting better debt management. The company’s bank borrowings have decreased by 2400%, and cash reserves fell 30% to £28,000. With no auditor mentioned, the figures rely on unaudited statements. The company’s small size and family-run nature likely contribute to its agility, but the fluctuations in debtor and creditor balances warrant close monitoring.

Registered in England/Wales under the registration number 05752749, with a registered address at BS24 7NF, United Kingdom, Weston Super Mare, 5 & 6 Westone Weston Gateway Business Park, Filers Way.

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