Identity Furniture Limited

Identity Furniture Ltd, based in Chorley, UK, is a small holding company with an active status, celebrating 22 years in business. Employing 49 people, the company holds assets valued at £1,251,090 and operates from a real address. With two directors and one owner, Identity Furniture Ltd is a regular importer and exporter of furniture, lighting, and prefabricated buildings, having imported for 79 months and exported for a substantial 139 months.

The company’s website showcases a focus on commercial furniture solutions, particularly for offices and public spaces. It’s clear that Identity Furniture Ltd isn’t an e-commerce site in the traditional sense; instead, it appears to be a B2B supplier, offering a wide range of products, from lounge seating to dividers and tables. The site highlights its commitment to design, craftsmanship, and sustainability, with a dedicated section on its environmental initiatives and a product guide for 2025. It’s also actively promoting its mobile showroom and encouraging applications from potential authorised dealers, suggesting a focus on building relationships within the industry.

Financially, Identity Furniture Ltd presents a mixed picture. Creditors decreased by 20%, which is a positive sign, but cash bank on hand fell by 35% to £65,000. Bank borrowings were reduced by 31%, which is good, but the average number of employees decreased by 10% to 44. Interestingly, accumulated depreciation on motor vehicles saw a significant decrease of 78%, which could be due to asset disposals. The company’s small size (meeting two of three criteria for being a small company) allows for flexibility, but the changes in employee numbers and asset values warrant further investigation. The financial statements are unaudited, as is common for small companies.

Overall, Identity Furniture Ltd seems to be navigating a period of transition. While its B2B focus and commitment to quality suggest a solid foundation, the financial data indicates a need to carefully manage costs and maintain a strong customer base to ensure continued success.

Registered in England/Wales under the registration number 04594462, with a registered address at PR7 4NB, Chorley, Lancashire, Chapel Lane Business Park Chapel Lane, Coppull.

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