Furniturestopuk Limited

Furniturestopuk Limited, from Pinner UK, is a small company with an active status, having been founded 10 years ago. It employs just two people and holds £37,158 in assets, operating from a virtual address. The company is led by one director and one owner, and it runs an e-commerce site with a 2.0 Google rating based on 82 reviews.

The company specializes in the retail sale via mail order houses or via internet, offering a wide range of furniture, including sofas, beds, and outdoor sets. Its website showcases handmade sofas in Britain, offers a free consultation with a furniture specialist, and provides a 10-year frame guarantee. The site also promotes flexible payment options like Klarna’s “Pay in 3” and direct home delivery. The company seems to be doing well with its website, with a lot of different furniture options and a good variety of styles.

However, a closer look at the financials reveals a concerning trend. While the company’s turnover isn't reported, net assets have plummeted by a staggering 1300%, ending at -£62,000. Cash bank on hand has completely vanished, dropping 100% to zero. Creditors have also increased significantly, with “Within One Year” creditors jumping 630% to £65,000. The company’s small size (meeting two of three conditions for a small company) helps it stay nimble, but the dramatic equity decline suggests it’s burning through money. Trade debtors have also increased by 12%, which could be a sign of delayed payments. The accounts were prepared by On Call Accounting Ltd and are described as abridged accounts, exempt from an audit. The company’s director, Michael Christodoulou, signed the financial statements. It’s a lot of money to lose, and hopefully, they can turn things around.

Registered in England/Wales under the registration number 09321315, with a registered address at HA5 1HR, England, Pinner, 82 Cannon Lane.

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