Lebus Upholstery Limited

Lebus Upholstery Limited, based in Scunthorpe, UK, is a holding company with a solid 19-year history and an active status. Employing 481 people and holding assets of £9,087,123, the company operates from a real address and is overseen by six directors. While no owners are officially listed, it's likely one of the directors holds a significant stake. A Google rating of 4.0 based on 186 reviews suggests a generally positive customer perception. The company is a regular importer and exporter of special woven and decorative fabrics, with 99 months of import activity and 132 months of export activity recorded, the latest in January 2025.

Lebus Upholstery is a furniture manufacturer, supplying a wide range of retailers across the UK and Ireland from its 250,000 square foot, purpose-built factory. The company’s website highlights its commitment to value and quality, specializing in sofa suites, corner units, and recliners. They offer bespoke furniture design services, working closely with supply chains to create original designs. The company’s history stretches back to 1840, showcasing a long-standing presence in the furniture industry. The website also promotes a new range of models, including classic styles and modern designs, and welcomes new apprenticeships.

Financially, Lebus Upholstery shows some concerning trends. Accrued liabilities and deferred income increased by 25%, while bank borrowings surged by 15%, reaching £2,200,000. Cash reserves decreased by 42% to £45,000, and net assets declined by 13%. However, creditors decreased by 25%, suggesting improved debt management. The company's average number of employees decreased by 7.1% to 450. The company’s significant investment in leased assets, particularly plant machinery, indicates a focus on production capacity. With no auditor mentioned, the figures rely on unaudited statements.

Despite these challenges, Lebus Upholstery’s established brand, extensive production facilities, and focus on bespoke design suggest a resilient business. The company’s long history and commitment to quality may help it navigate current financial pressures. It’s likely that the company is working to streamline operations and improve profitability, but it’s difficult to say for sure.

Registered in England/Wales under the registration number 05563831, with a registered address at DN16 3RN, Scunthorpe, Lincolnshire, Queensway Industrial Estate, Dunlop Way.

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