Global Furniture Alliance Limited

Global Furniture Alliance Ltd from Gloucestershire UK is a large, active company founded 21 years ago. Employing 19 people, it operates from a virtual address, managed by a single director and two owners, and is described as a family business with a solo founder. It holds a Google rating of 3.0 based on 12 reviews. The company regularly imports furniture, lighting, and prefabricated buildings (73 months imported), with the last import occurring in January 2025, but exports irregularly (1 month exported), with the last export in December 2024.

The company operates as a UK-based importer and sales agency for both leather and fabric upholstery, sourcing from UK and overseas furniture manufacturers. Located near the Severn Bridge, it runs a stock warehouse with distribution facilities, offices, and prepackaged spare parts service. GFA supplies retailers with swivel recliners, riser recliners, accent chairs, and UK-made fixed sofas, operating solely for the furniture trade. It even won the "Best Occasional Chair Recliner Supplier" award.

Financially, Global Furniture Alliance Ltd shows some concerning trends. Accrued liabilities decreased by a significant 77%, while administrative expenses rose 68%. Director remuneration doubled, and cash bank on hand increased by a substantial 84%. However, net assets still grew by 66%, and the company’s turnover increased by 12% to £14 million. Despite the increase in turnover, the company’s net loss increased by 74% to £2.5 million. The company’s bank borrowings increased by 2,400%, reaching £29,000. The company’s accounts were audited by Kilsby & Williams LLP.

The company’s growth in turnover suggests it’s successfully importing and selling furniture, but the significant increase in losses and borrowing raises questions about its financial health. The reliance on a single director and the virtual address also warrants further investigation.

Registered in England/Wales under the registration number 05101350, with a registered address at GL8 8AA, Gloucestershire, 1 Long Street, Tetbury.

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