Furniture Star Limited

Furniture Star Limited is a small, holding company based in Fforestfach, UK, with an active status. Established seven years ago in September 2017, it employs just two people and holds £358,511 in assets. The company, with two directors and one owner (though this list may not be exhaustive), operates from a real address and regularly imports furniture, lighting, and prefabricated buildings—a trend seen over the last ten months, with the latest import occurring in October 2024.

The company's primary activity involves retail of furniture, lighting, and similar items through specialised stores. It’s a holding company, with Cloverstar Ltd listed as the owner. Directors are Stainton Catherine Anne and Stainton John Thomas. The company’s website is currently unavailable, making it difficult to determine if it operates an e-commerce platform or relies solely on wholesale channels.

Financially, Furniture Star Limited presents a mixed picture. While cash reserves saw a significant boost, increasing by 1900% to £12,000, net assets grew by 22% to £65,000. However, bank borrowings decreased by 16%, reaching £27,000, and creditors decreased by 46%, suggesting better debt management. Trade creditors decreased by 39%, and cash bank on hand increased by 1900%. The company’s size qualifies it as small, meeting two of three conditions—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Accumulated depreciation impairment property plant equipment increased by 50%, and bank borrowings decreased by 16%. The lack of an auditor mentioned suggests the company is exempt from an audit due to its size. The financial data indicates a company that is working to manage its finances, but the sharp equity drop raises questions.

Registered in England/Wales under the registration number 10947027, with a registered address at SA5 4LH, Wales, Fforestfach, Swansea, 29 Ystrad Road.

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