Julian Bowen Limited

Julian Bowen Ltd, a London-based company, is a sizable operation with a 38-year history, currently employing 105 people. Holding £16,545,999 in assets, the company functions as a holding company with an active status, and has six directors and one owner. Its Google rating sits at 3.0 based on just two reviews. The company regularly imports and exports furniture, lighting, and prefabricated buildings—a substantial 540 months of imports and 97 months of exports recorded.

The company’s website showcases a wide range of furniture collections, from bedroom sets to dining tables, catering to various styles and budgets. It operates as a wholesale supplier, offering a comprehensive catalogue with detailed product descriptions and images. The site highlights its commitment to providing integrated furniture solutions and award-winning customer service. It also has a physical warehouse in Kirkby-in-Ashfield.

Financially, Julian Bowen Ltd’s recent performance presents a mixed picture. While turnover remained steady at £39 million, profits plummeted by 55%, dropping to £3.87 million. Net assets also decreased, although not as dramatically. Bank borrowings increased significantly, reaching £38 million, and cash reserves fell to £41,000. However, creditors decreased by 18%, suggesting improved debt management. The company meets two of three criteria to be considered a large company. The accounts were audited by Moore Kingston Smith LLP.

The decrease in profits, despite steady turnover, could be attributed to increased operating costs or changes in product mix. The rise in bank borrowings suggests the company is leveraging debt to fund its operations, and the drop in cash reserves raises concerns about liquidity. The company's long history and established brand position it well for future growth, but careful financial management will be crucial to navigate these challenges.

Registered in England/Wales under the registration number 02108701, with a registered address at SW15 6NP, United Kingdom, London, Spencer Legal, S.6 210 Upper Richmond Road, Hill House.

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