In-style Upholstery Limited

In Style Upholstery Ltd from Glasgow UK: a small company with an active status, was founded 39 years ago. It employs 18 people and holds assets of £1,576,780. Based at a real address, the company is led by three directors and a single owner, who is also the solo founder, and boasts a Google rating of 4.0 from 179 reviews. The business regularly imports furniture, lighting, and prefabricated buildings, with 13 months of import activity recorded.

The company operates in the manufacture of other furniture and the retail of furniture, lighting, and similar items, catering to a specialized market. Its website, while not actively used for e-commerce, provides information about its services and products.

Financially, In-Style Upholstery Ltd’s recent performance presents a mixed picture. Current assets have decreased by 7.5% to £1,600,000, while net assets have increased by 20% to £170,000. Bank borrowings have surged by 34%, reaching £140,000, and cash reserves have fallen by 52% to £49,000. Creditors have decreased by 9.2%, suggesting improved debt management. 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 for agility, but the decline in cash reserves warrants attention. The company’s unaudited financial statements, as is common for small companies, rely on director-reported data.

The increase in trade debtors by 26% could indicate an expansion of credit terms or delayed customer payments, while the decrease in other creditors suggests a more efficient management of supplier relationships. The company’s continued import activity, despite the fluctuating financials, demonstrates its commitment to sourcing quality materials and products.

Registered in Scotland under the registration number SC098166, with a registered address at G71 5PR, Glasgow, Unit B Rannoch Road, Birkenshaw Industrial Estate, Uddingston.

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