Jz Furniture Ltd

JZ Furniture Ltd, hailing from Dagenham, UK, is a small, active company founded four years ago. With £1,585 in assets and a real address, it’s a lean operation managed by one director and owner. The company runs an e-commerce site and enjoys a respectable Google rating of 4.0 based on three reviews. It’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, Jzfurniture.co.uk, showcases a wide range of furniture, including wardrobes, side tables, sofas, sofa beds, bunk beds, and hanging chairs. It emphasizes "buy now, pay later" options with Klarna and PayPal, alongside free shipping and easy returns. The site’s blog posts highlight sliding wardrobes and storage solutions, demonstrating a focus on practical and stylish home furnishings. They also have a section dedicated to luxury sofas, hinting at a desire to cater to a more premium market.

Financially, JZ Furniture Ltd presents a mixed picture. Current assets have significantly decreased by 64%, dropping to £1,600, while net assets also declined by 12%, settling at -£2,500. Bank borrowings have increased dramatically, rising by 100% to £11,000, and cash reserves have fallen by 30% to £1,600. Creditors have decreased by 100%, suggesting better debt management. The company's lack of employees (zero reported) points to a very lean operation. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited director’s reports.

Overall, JZ Furniture Ltd seems to be navigating a challenging financial period, despite a positive online presence and customer reviews. The company's focus on affordable furniture and flexible payment options may help it weather the storm, but the decline in assets and increase in borrowing raise concerns.

Registered in England/Wales under the registration number 13154131, with a registered address at RM10 9UR, England, Dagenham, 31 Church Street.

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