Furniture Factors Limited

Furniture Factors Ltd, based in Doncaster, UK, is a small, family-run business with an active trading status. Founded 40 years ago, the company employs 22 people and holds £572,504 in assets. It operates from a real address and is managed by four directors and two owners. The business runs an e-commerce site and has a respectable Google rating of 4.0 based on 249 reviews. Furniture Factors regularly imports furniture, lighting, and prefabricated buildings, with 14 months of import activity recorded.

The company's website highlights its large showroom, boasting Yorkshire's largest showroom for Lazboy furniture. It also emphasizes cane furniture and a wide range of bedroom furniture, dining sets, and rugs. The site actively promotes its 4-floor showroom, offering a diverse selection and up to 3 years of free credit on goods. It’s clear they’re focused on providing a comprehensive furniture shopping experience, with a strong emphasis on customer service and a wide range of products.

Financially, Furniture Factors Ltd shows some concerning trends. Cash reserves decreased by 22%, dropping to £170,000, while net assets fell 3.6% to £1,100,000. Bank borrowings also decreased, falling by 31% to £22,000. Creditors, however, increased by 8.8%, reaching £190,000, suggesting a possible need to manage debt more effectively. 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 decline in cash and rise in creditors warrants attention. No auditor is mentioned, likely due to its status as a small company, so the figures are unaudited.

Overall, Furniture Factors Ltd appears to be navigating a period of change. While its showroom and product range remain attractive, the financial data suggests a need to carefully monitor cash flow and manage debt to ensure long-term sustainability.

Registered in England/Wales under the registration number 01874905, with a registered address at DN5 8LU, Doncaster, South Yorkshire, The White Building Unit 7 Arkwright Road, Off York Road.

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