Furniture Direct (leics) Ltd

Furniture Direct Leics Ltd, based in Leicester, UK, is a small, holding company with an active status. Established thirteen years ago in 2011, it employs six people and holds £458,906 in assets. The company, with one director and two owners, maintains a real address and boasts a respectable Google rating of 4.0 based on 63 reviews. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 70 months of import activity recorded, the latest in February 2025.

The company operates in the retail of furniture, lighting, and similar items, catering to a specialized market. Its website is not available for review, so it’s difficult to determine if it operates as an e-commerce business.

Financially, Furniture Direct Leics Ltd shows a mixed picture. Current assets have decreased by 7.2% to £460,000, while net assets remain stable at £100,000. Bank borrowings have decreased by 31%, reaching £22,000, and cash reserves have fallen by 33% to £19,000. Creditors have also decreased by 24%, suggesting improved debt management. 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 agility, but the decrease in cash reserves is a point to watch. No auditor is mentioned, likely due to the company’s exemption as a small entity.

The company’s financial trends suggest it's not burning through money at a startup pace, but it’s also not experiencing rapid growth. The decrease in cash reserves could indicate increased investment in inventory or marketing, or it could be a sign of tighter margins. The stable net assets and improved debt management are positive signs, but the company will need to maintain its focus on cost control and customer satisfaction to ensure long-term success.

Registered in England/Wales under the registration number 07793685, with a registered address at LE4 5EP, Leicester, 2/12 Checketts Road.

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