Haskins Furniture Shepton Mallet Limited

Haskins Furniture Shepton Mallet Ltd from Shepton Mallet UK is a small company, holding company, with an active status. Founded sixteen years ago in 2009, it employs twenty-one people and holds £921,833 in assets. It has a real address, two directors, one owner, and a Google rating of 4.0 based on 133 reviews. The company regularly imports furniture, lighting, and prefabricated buildings, with nineteen months of import activity recorded, the last in December 2023.

The company operates in the retail of furniture, lighting, and similar items, offering a wide range of products both online and instore. Its website showcases a diverse selection of sofas, dining sets, bedroom furniture, and office equipment, catering to various styles and budgets. It also features a cane furniture section, popular for conservatory and garden spaces. The website highlights established brands like G Plan, Ercol, and Parker Knoll, alongside its own-brand offerings. It’s clear that Haskins Furniture is positioning itself as a one-stop shop for home furnishings, emphasizing quality and choice.

Financially, Haskins Furniture presents a mixed picture. While cash reserves increased by a healthy 45% to £520,000, net assets only grew slightly, increasing by 14% to £560,000. Trade debtors decreased by a significant 69%, suggesting improved collection of payments, but creditors increased by 180%, which could be a sign of increased borrowing. Bank borrowings, however, plummeted by 2,400%, which is a very positive trend. 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 it to remain flexible, but the increase in creditors warrants closer monitoring. The company is exempt from an audit as a small company, so the figures are unaudited.

The company's director signing financial statements is Mr C G Collins. The company has elected not to include a copy of the profit and loss account within the financial statements. Overall, Haskins Furniture seems to be navigating the current economic climate well, but it’s important to keep an eye on its debt levels and ensure it maintains its competitive edge in the furniture retail market.

Registered in England/Wales under the registration number 06805902, with a registered address at BA4 5AX, Shepton Mallet, Somerset, 64 High Street.

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