Instore Direct Ltd

Instore Direct Ltd, based in Leeds, UK, is a small, active company founded 23 years ago in 2001. With 16 employees and £659,482 in assets, it's a well-established operation. The company, led by a solo founder and single director, Myers Simon Mark, maintains a real address and enjoys a stellar 5.0 Google rating from 69 reviews. It functions as an irregular importer, specializing in furniture, lighting, and prefabricated buildings, with recent import activity recorded in August 2024.

The company's website highlights its role as a furniture package provider for landlords, agents, and developers. They cater to a range of accommodation types, including HMOs, student housing, care homes, and social housing, offering tailored packages and installation services. Their website showcases a wide range of products, from dining sets and sofas to kitchen appliances and accessories, and emphasizes their commitment to quality and customer service. They also have a showroom portfolio.

Financially, Instore Direct Ltd presents a mixed picture. While net assets increased by 11% to £540,000, cash reserves decreased by 9.5% to £250,000. Bank borrowings were reduced by 45% to £12,000, which is a positive sign. However, trade creditors increased significantly by 80% to £150,000, suggesting potential payment delays or increased supplier credit. The company’s small size—meeting two of three conditions for being classified as small—helps with agility. The unaudited accounts, prepared by Pure Cloud Accountancy Limited, don't mention an external auditor.

Overall, Instore Direct Ltd appears to be navigating a period of change. While the company’s core business seems robust, the increase in trade creditors warrants monitoring. The company's long history and positive customer reviews suggest a foundation for continued success, but careful financial management will be crucial going forward.

Registered in England/Wales under the registration number 04299459, with a registered address at LS9 7QL, Leeds, Unit 2 Eagle Industrial Estate, Torre Road.

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