L & M Upholstery Ltd

L & M Upholstery Ltd, based in Watford, UK, is a small, active company established nine years ago. With a single employee and £270,330 in assets, it operates from a real address and is overseen by two directors and owners. Boasting a perfect 5.0 Google rating from two reviews, the company specializes in upholstery services, importing special woven and decorative fabrics irregularly—just one month's worth in the past year.

The company’s website highlights a range of services, from repairing existing upholstery to creating bespoke pieces. It caters to both residential and commercial clients, offering headboard reupholstery, antique restoration, and even commercial upholstery. The site also features a gallery showcasing its work and lists several fabric brands it uses. A phone number and email address are prominently displayed, encouraging direct contact for quotations.

Financially, L & M Upholstery Ltd presents a mixed picture. While cash bank on hand decreased by 20% to £190,000, creditors have significantly reduced—both short-term and long-term—suggesting improved debt management. However, trade debtors have risen by a substantial 56%, potentially indicating difficulties in collecting payments. Despite a 17% increase in equity, the company’s net current assets have also increased by 12%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in debtors warrants attention. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

Registered in England/Wales under the registration number 09973972, with a registered address at WD24 4YY, England, Watford, Herts, Unit R Unit R - Penfold Works, Imperial Way.

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