Junction 2 Interiors Limited

Junction 2 Interiors Ltd from West Midlands UK: small company, active status, founded 24 years ago, 18 employees, £2,591,214 assets, real address, 4 directors, 3 owners, family business. Regular importer of furniture, lighting, and prefabricated buildings (46 months imported). Irregular exporter of machinery, boilers, and mechanical appliances; parts (1 months exported). It's a small family-run business operating in the West Midlands, boasting a solid 24 years of experience and a healthy £2.59 million in assets. With 18 employees and four directors, the company has a real address and is actively trading. They’re known for importing furniture, lighting, and prefabricated buildings, with a consistent import history spanning 46 months, and have dabbled in exporting machinery parts for a single month.

The company specializes in designer bathrooms and kitchens, offering a wide range of luxury brands like Burlington, Crosswater, and Duravit. Their website showcases an extensive catalog of products, from toilets and basins to furniture and showers, catering to both modern and traditional tastes. It’s clear they’re targeting a higher-end market, with a focus on quality and design. They even offer a 3D design service to help customers visualize their dream spaces, which is a nice touch.

Financially, Junction 2 Interiors Ltd shows a mixed picture. Current assets increased by a respectable 15%, reaching £2.6 million, while net assets saw a significant jump of 34%, climbing to £1.3 million. Cash reserves also grew, increasing by 37% to £1.9 million. However, trade debtors decreased substantially, dropping by 75%, and bank borrowings increased, which could indicate a need for short-term financing. Despite this, creditors decreased slightly, suggesting better management of existing debts. The company meets the criteria for a small business, with turnover under £10.2 million and fewer than 50 employees. The accounts are unaudited, which is common for small companies.

The company’s depreciation on motor vehicles increased significantly by 70%, which could be due to new vehicle purchases or increased maintenance costs. The company’s financial statements are prepared in accordance with the small companies regime, and the directors acknowledge their responsibilities under the Companies Act. Overall, Junction 2 Interiors Ltd appears to be financially stable, with growing assets and healthy cash reserves. The decrease in trade debtors is something to keep an eye on, but the company seems well-positioned for continued success.

Registered in England/Wales under the registration number 04058093, with a registered address at B69 4RS, West Midlands, 870 Wolverhampton Road, Oldbury.

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