Jarrett Furniture Ltd

Jarrett Furniture Ltd is a small, active company based in Salisbury, UK, established nine years ago in 2015. It employs just one person and holds £240,631 in assets. With a real address and a single director and owner, the business operates as an irregular importer and exporter of furniture, lighting, and prefabricated buildings, with just one month of activity recorded in both categories. The company’s website showcases a curated selection of high-quality Italian hospitality furniture, catering to hotels, restaurants, and outdoor spaces.

The website, Jarrett Furniture, emphasizes European craftsmanship and design, offering a range of side chairs, armchairs, sofas, and outdoor seating options. It also highlights project work, including hotels, restaurants, and outdoor spaces, showcasing its ability to furnish commercial environments. The site’s blog content provides insights into design trends and offers guidance on selecting the right furniture for hospitality projects.

Financially, Jarrett Furniture Ltd presents a mixed picture. Cash bank on hand increased by 3.2% to £120,000, while current assets grew by 26% to £240,000. However, creditors rose significantly by 59% to £130,000, and trade debtors also increased by 59% to £130,000. 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 flexibility, but the rise in both creditors and debtors suggests potential cash flow challenges. A significant increase in other creditors, up 110%, could indicate investment in inventory or expansion costs. The company is exempt from an audit as a small company, so the financial information is unaudited.

The company's focus on a niche market—high-end hospitality furniture—and its emphasis on quality and design could be a strength, but the financial data indicates that it’s burning through money. Whether this is a temporary phase or a longer-term trend remains to be seen.

Registered in England/Wales under the registration number 09684821, with a registered address at SP2 0AW, England, Salisbury, Unit 33 Barnack Industrial Centre, Kingsway, Wilton.

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