Joseph James Furniture Outlet Llp

Joseph James Furniture Outlet LLP, based in Wilmslow, UK, is a small, active company founded five years ago. With just two employees and a virtual address shared by 51 other companies, it operates as an e-commerce site with a stellar 5.0 Google rating based on 309 reviews. The company is run by two directors and two owners, and irregularly imports iron or steel products, with the last import operation made in November 2023.

The company’s website showcases a network of furniture stores across the North West of England, including locations in Stretford, Stockport, and St Helens. It offers a wide range of furniture, from sofas and dining sets to beds and mattresses, with a focus on branded discounts and free delivery nationwide. Notably, the website highlights a 22-year-old founders who continue to grow and manage Joseph James. It also offers free storage for up to three months, a useful feature for customers not quite ready to furnish their homes.

Financially, Joseph James Furniture Outlet LLP presents a mixed picture. While cash reserves decreased by 37% to £170,000, finished goods increased significantly by 82% to £150,000. Bank borrowings increased by a substantial 87% to £61,000, and trade creditors saw a dramatic rise of 4400% to £120,000—a potentially concerning trend. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the increased debt needs to be monitored. As a small company, it is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number OC429984, with a registered address at SK9 5EQ, United Kingdom, Wilmslow, Cheshire, The Old Workshop, 12b Kennerleys Lane.

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