Furniture Centre Limited

Furniture Centre Limited, based in Kettering, UK, is a small, holding company with an active status. Founded 25 years ago in 2000, the company employs 26 people and holds £575,306 in assets. It’s managed by one director and one owner, and has a real registered address. The firm is an irregular importer of furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as far back as June 2017.

The company operates in the other retail sale not in stores, stalls or markets industries. Its website is not available, so it’s difficult to determine if it operates an e-commerce site.

Financially, Furniture Centre Limited shows some concerning trends. Current assets have fallen by 26%, dropping to £580,000. Equity has also taken a hit, declining by 20% to £320,000. Cash bank on hand has plummeted 36%, leaving just £140,000. Creditors have decreased, which is good, but the drop in cash reserves and equity is a worry. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decline in equity suggests it may be burning through money. The company’s trade debtors have also decreased slightly, which is a positive sign. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Furniture Centre Limited is facing financial headwinds. While its irregular import activity and small size offer some flexibility, the declining assets and cash reserves raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 03911043, with a registered address at NN15 6JQ, Kettering, Northamptonshire, Pytchley Lodge Industrial Estate, Pytchley Lodge Road.

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