Fw Style Limited

Fw Style Ltd from Preston UK: a small company with an active status, was founded 11 years ago in 2014. It employs 11 people and holds £2,061,866 in assets, operating from a virtual address. The company has four directors, but no owners are reported, suggesting one of the directors likely holds the shares. It’s a regular importer of furniture, lighting, and prefabricated buildings, with 48 months of import activity recorded.

The company’s website, Furnished With Style, is an e-commerce platform selling a wide range of furniture for the home. It features categories like bedroom sets, living room furniture, dining sets, and garden furniture, with collections like the Stora and Lania ranges prominently displayed. The site offers free delivery, secure payment options, and a 30-day return policy, and even has a UK-based support team. It's a pretty standard online furniture retailer, aiming to provide affordable options for every home.

Financially, Fw Style Ltd presents a mixed picture. While current assets are up slightly at £2.1 million, net assets have fallen by 3.7% to £1 million. Bank borrowings have increased by 2.5%, and cash reserves have taken a significant hit, dropping 56% to £340,000. Creditors have also risen by 19%, suggesting a need to manage debt. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity is a concern. The company’s accounts are unaudited, and no auditor is listed.

The increase in trade debtors by 52% is a notable trend, possibly indicating a shift in credit terms or delayed payments from customers. It's important to note that the company's financial data is unaudited, and the figures should be interpreted with caution. The company’s business model, importing and selling furniture online, seems to be functioning, but the financial data suggests it's burning through cash at a fast rate.

Registered in England/Wales under the registration number 08908227, with a registered address at PR5 6EE, Preston, Lancashire, Black Bull House 353-355 Station Road, Bamber Bridge.

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