Furniture 2u Direct Ltd

Furniture 2u Direct Ltd is a small, active company based in London, UK, founded three years ago. It's a solo-founder operation with one employee, operating from a virtual address and managed by two directors. The company runs an e-commerce site selling furniture and related goods.

The website showcases a range of garden furniture, including rattan sets, parasols, and daybeds, all available for purchase online. They offer a wide selection of products, catering to various tastes and budgets. Quick links are provided for website terms, conditions, refunds, and privacy policies, alongside a newsletter subscription option. The site also lists a comprehensive list of countries and currencies accepted, demonstrating a global reach.

Financially, Furniture 2u Direct Ltd presents a mixed picture. While cash reserves increased by a substantial 3,400% to £71, creditors have also jumped by 38,000% to £380. Equity has taken a significant hit, dropping to -£310, and net current assets are now a negative £310. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the decline in equity is concerning. It’s likely unaudited, given its size, and there’s no auditor mentioned.

It appears the company is burning through cash, with increased creditors and a negative equity position. The increase in cash reserves suggests recent sales are strong, but the company needs to manage its liabilities to ensure long-term sustainability. The virtual address and solo founder structure could indicate a lean operation, but the financial pressures suggest a need for careful management.

Registered in England/Wales under the registration number 13543864, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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