Kernow Furniture Ltd

Kernow Furniture Ltd from Redruth UK is a small company with an active status, founded 11 years ago. It employs six people and holds £97,287 in assets, operating from a real address. The company has two directors and two owners, and it runs an e-commerce site. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Kernow Furniture Ltd specializes in sourcing high-quality 19th and 20th-century furniture, carefully curating each piece for design appeal, quality, and longevity. Its website showcases a wide range of vintage and antique furniture, from beds and chairs to mirrors and pottery, catering to diverse tastes and styles. The site has a clean design and easy-to-use navigation, with detailed product descriptions and high-quality images. It’s clear they’re aiming for a premium customer experience.

Financially, Kernow Furniture Ltd shows some concerning trends. Cash bank on hand dropped a whopping 80% to just £15,000, and current assets decreased by 44% to £97,000. Trade debtors also fell considerably, down 78% to £7,000. While creditors decreased by 13% to £110,000, and equity remains at a small £48, it’s a bit worrying. The company’s net assets liabilities are at -£9,900. It seems like they’re burning through cash, though it’s possible this is a seasonal fluctuation or a strategic investment. With no auditor mentioned, the figures are unaudited. The company’s small size helps it stay nimble, but the sharp decline in cash reserves is something to watch.

Registered in England/Wales under the registration number 08622916, with a registered address at TR16 6TQ, England, Redruth, Penhalvean Pottery, Penhalvean.

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