Grovesnor Furniture Limited

Grovesnor Furniture Ltd, based in Newport, UK, is a small, active company founded 13 years ago. With a single employee and £34,874 in assets, it’s a modest operation run by two directors and one owner. The company operates an e-commerce site and irregularly imports furniture, lighting, and prefabricated buildings – the last import activity recorded was over five years ago.

The company's website showcases a range of designer bedroom and dining furniture, with a particular focus on French-style upholstered beds and a "Lille" collection. It also highlights its commitment to quality, offering free delivery and a 14-day returns policy. The website gives a good impression of a well-established business, with a focus on stylish, high-quality furniture.

Financially, Grovesnor Furniture Ltd’s recent performance is mixed. Cash bank on hand has fallen significantly, dropping 55% to £15,000. Current assets have also declined by 43%, down to £35,000, while trade debtors have plummeted 99% to a mere £160. However, creditors have also decreased substantially, falling 80% to £6,500, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the drop in equity – 2.7% – is something to keep an eye on. No auditor is mentioned, likely due to its status as a small company.

Overall, Grovesnor Furniture Ltd seems to be navigating a period of change. While it maintains a strong online presence and a focus on quality, the financial data suggests a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 07669957, with a registered address at TF10 7XJ, England, Newport, 12, Daniels Cross.

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