Furniture Factory Clearance Centre Limited
- Small
- Active
- 8 years
- 3 employees
- £305,032 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Phones
Summary
Furniture Factory Clearance Centre Ltd from Perth UK: small company, active status, founded 8 years ago, 3 employees, £305,032 assets, real address, 2 directors, 1 owner. Regular importer of furniture, lighting, and prefabricated buildings (14 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 last reported current assets is £305,032.
The company operates as a home furniture shop in Perth, Scotland. Incorporated eight years ago on May 03, 2017, and registered at PH2 7DA, United Kingdom, Perth, 6 Hatton View, the address is probably real as only one company registered at the same address. Its status is active. The business focuses on the retail of furniture, lighting, and similar items, also engaging in letting and operating real estate. Officially, it has one owner, two directors, and three employees.
While the primary focus seems to be furniture clearance, the company’s activities are a little bit complex. It’s a regular importer, with its top import category being Furniture, Lighting, and Prefabricated Buildings, totaling 14 months of imports. The last import operation was conducted on February 01, 2025.
Financially, Furniture Factory Clearance Centre Ltd presents a mixed picture. Creditors increased significantly by 37%, reaching £270,000, while net assets plummeted 78%, dropping to just £18,000. Bank borrowings were reduced by 63%, falling to £18,000, and cash reserves decreased by 56%, reaching £36,000. The company’s creditors decreased by 18%, suggesting better debt management. The company’s small size helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
In short, Furniture Factory Clearance Centre Ltd is holding steady but facing pressures. The company’s small size and focus on clearance sales suggest a lean operation, but the declining equity and increasing creditors highlight potential challenges.
Registered in Scotland under the registration number SC564817, with a registered address at PH2 7DA, United Kingdom, Perth, 6 Hatton View.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 2
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 6 years
-
Resident of United Kingdom
-
Individual
- 8 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
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Confirmation statement made on 2025-04-28 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 10 pages pdf report
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Confirmation statement made on 2024-04-28 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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