Hardman Moebel Ltd

Hardman Moebel Ltd, based in London, UK, is a small, active company established five years ago. With just five employees and £161,468 in assets, it operates from a virtual address—a detail flagged by the presence of 8,782 other companies registered at the same location. The business is led by a single director and owner, who also serves as the solo founder. Hardman Moebel Ltd regularly imports and exports furniture, lighting, and prefabricated buildings, with 18 months of import activity and 5 months of export activity recorded, the latest in February 2025.

The company specializes in custom-made furniture, offering a personalized design experience. Its website highlights a decade of trust and expertise, emphasizing quality craftsmanship and a 5-year warranty. Customers can select from a range of materials, including oak, walnut, and ash, and customize dimensions and finishes. The site also features a size guide and FAQ section to assist customers in choosing the right table size and design. The business even offers a bespoke piano restoration service, which is quite unique.

Financially, Hardman Moebel Ltd presents a mixed picture. While cash bank on hand increased by 14% to £33,000, current assets experienced a significant jump of 130% to £160,000. However, net assets liabilities increased by a staggering 3700% to £13,000, a concerning trend. Bank borrowings have also risen considerably, increasing by 110% to £86,000. Trade debtors have ballooned by 380%, reaching £72,000, which may indicate difficulties in collecting payments. Creditors also increased by 48%, reaching £200,000 within the year. The company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million. The accounts are unaudited, likely due to its small size.

Overall, Hardman Moebel Ltd seems to be growing, but the substantial increase in debt and the negative equity raise questions about its long-term financial health. The company's focus on custom-made furniture and its commitment to quality may help it navigate these challenges, but careful financial management will be crucial for its continued success.

Registered in England/Wales under the registration number 12518775, with a registered address at EC1V 2NX, England, London, 124 City Road.

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