Global Table & Chairs Ltd

Global Table & Chairs Ltd, based in Woodford Green, UK, is a small, active company founded seven years ago in 16 June 2017. With £58,501 in assets and a real registered address, it's a relatively small operation employing just one person and managed by two directors and owners. The company regularly imports furniture, lighting, and prefabricated buildings, with four months of import activity recorded, the last in July 1, 2020.

The company’s website highlights its role as a wholesale supplier of tables and chairs to various sectors, from fast-food franchises to hotels and restaurants. Established in 1990, the business boasts 25 years of experience and trades with manufacturers from Europe and the Far East, offering a wide range of furniture. It operates from a London showroom and emphasizes its commitment to customer service.

Financially, Global Table & Chairs Ltd presents a mixed picture. Current assets increased by 6.9% to £59,000, while net assets grew by 2.1% to £130,000. However, bank borrowings increased significantly by 53% to £20,000, and creditors rose by 31% to £42,000. Trade debtors decreased by 22% to £15,000, which could indicate improved collection practices. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in bank borrowings suggests a need for careful cash management. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The average number of employees during the period increased by 200%, from one to three, which is a notable change.

Overall, Global Table & Chairs Ltd appears to be navigating a period of growth, but it’s important to monitor its debt levels and ensure it maintains a healthy cash flow.

Registered in England/Wales under the registration number 10820148, with a registered address at IG8 8PE, United Kingdom, Woodford Green, Essex, 349a Chigwell Road.

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