Goodwood Carpentry Ltd

Goodwood Carpentry Ltd, based in Bideford, UK, is a small, active company established nine years ago. With a single employee and £333,105 in assets, it operates from a virtual address shared by many other businesses – a bit of a red flag, really. The company is led by two directors, including the solo founder, Grimley Sam Alexander, and enjoys a stellar 5.0 Google rating from just two reviews. It’s a regular importer of clothing and accessories (not knitted or crocheted), with recent activity in December 2024.

The company’s website, GoodWood Interiors, highlights its bespoke furniture design, manufacture, and fitting services. They’ve been doing this for over two decades, boasting 50 years of combined experience and emphasizing British craftsmanship. The site showcases stunning kitchens and furniture, emphasizing individual design and a "white glove" fitting service. It's clear they're targeting a high-end market, focusing on quality and attention to detail.

Financially, Goodwood Carpentry Ltd presents a mixed picture. While current assets increased slightly to £330,000, cash reserves have taken a significant hit, falling 54% to just £49,000. Trade debtors have also risen sharply, up 57% to £280,000, which could indicate difficulties collecting payments. On the plus side, creditors have also increased, up 300% to £25,000, which could be related to the increase in debtors. The company's small size (meeting two of three criteria for a small company) helps it remain flexible, but the decrease in cash is concerning. No auditor is mentioned, which is common for small, exempt companies.

In short, Goodwood Carpentry Ltd seems to be doing alright, but the drop in cash reserves warrants a closer look. Their focus on high-end bespoke furniture suggests a sustainable business model, but managing cash flow will be key to their long-term success.

Registered in England/Wales under the registration number 09985081, with a registered address at EX39 2AT, United Kingdom, Bideford, Devon, 69 High Street.

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