Hardwood Furniture Online Ltd

Hardwood Furniture Online Ltd from Stonehouse UK is a small company with an active status, founded four years ago. It employs six people and holds £509,133 in assets, operating from a real address. The company is led by one director and owned by Rees Martyn, who also acts as the solo founder. It’s a regular importer of electrical machinery and equipment, having imported for five months, with the most recent operation occurring in November 2024.

The company's website, hardwoodfurnitureonline.co.uk, is clearly focused on e-commerce. It specializes in bespoke wooden tables and table legs, offering a variety of styles including natural edge, straight edge, and finger-jointed tops, alongside metal leg options. Customers can buy in bulk or request made-to-order pieces, with a seven-day lead time. The site emphasizes handcrafted quality, sustainably sourced materials, and UK production, featuring high-quality images and a clean, modern design. It also has a presence on social media platforms like Facebook, Instagram, and LinkedIn.

Financially, Hardwood Furniture Online Ltd shows a mixed picture. While current assets increased by 110% to £510,000, net assets decreased by 24% to -£560,000. Bank borrowings surged by 48%, reaching £1.1 million, and cash reserves fell by 46% to £4,900. Trade creditors also increased significantly, rising by 28% to £880,000. The company meets the criteria for being a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in creditors and the negative equity suggest the company may be relying on credit to fund its operations, which could be a concern. The company is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 12603614, with a registered address at GL10 3SL, England, Stonehouse, Suite 15 Westend Courtyard Grove Lane, Westend.

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