Knots Furniture Limited

Knots Furniture Ltd from London UK: a small, active company founded 10 years ago, operates with a single employee and holds £34,830 in assets. It’s a virtual address, with three directors and one owner—a solo founder—and boasts a stellar 5.0 Google rating from eight reviews. The company is an irregular importer of furniture, lighting, and prefabricated buildings, with just two months of import activity recorded, the last being January 01, 2025.

The company’s website, simply titled “Home KNOTS,” suggests a focus on furniture sales, likely through an e-commerce platform. It's not immediately clear if the site is fully operational or simply a landing page, but it hints at a modern, online-focused business.

Financially, Knots Furniture Ltd presents a mixed picture. Accumulated depreciation on plant machinery increased by 4.8%, while vehicles saw a more substantial 32.0% rise. Bank borrowings decreased by 14%, and cash reserves grew by 23%, a positive sign. However, creditors increased significantly, both within and after one year, and net assets declined by 20%, indicating a potential drain on equity. The company’s small size—meeting two of three conditions for a small company—helps it remain agile, but the equity decline warrants attention. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Knots Furniture Ltd appears to be a small, online-focused business facing some financial headwinds. While its Google rating suggests strong customer satisfaction, the declining equity and rising creditors suggest it’s burning through money. The company’s future likely hinges on its ability to manage its finances and sustain its online sales.

Registered in England/Wales under the registration number 09140449, with a registered address at EN7 6NH, United Kingdom, London, Hertfordshire, 2 Whitebeam Close, Enfield.

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