Leo Upholstery Limited

Leo Upholstery Ltd, based in Altrincham, UK, is a small, active company founded eleven years ago in 2013. With sixteen employees and £94,549 in assets, it operates from a virtual address – forty eight companies registered there – and is overseen by two directors and two owners. The company boasts a perfect 5.0 Google rating based on one review. It’s an irregular importer, primarily bringing in treated or layered fabrics for industrial use, with the last import occurring one months ago.

Leo Upholstery specializes in interior seating solutions, particularly for commercial spaces. Its website highlights expertise in creating custom seating for nightclubs, bars, restaurants, and American diners. They offer a full-service approach, from initial consultation and design to manufacturing and installation, emphasizing quality craftsmanship and fire-regulated materials. The company even handles bespoke furniture, like a replica Friends sofa, showcasing its ability to meet unique client requests.

Financially, Leo Upholstery’s report presents a mixed picture. Cash bank on hand has increased significantly, jumping 310% to £19,000, which is good. However, net assets have plummeted 380% to -£42,000, a concerning trend. Bank borrowings have surged 140% to £100,000, suggesting increased reliance on debt. Trade debtors have also risen by 19%, which could mean customers are taking longer to pay. The number of employees has decreased by 19%, from sixteen to thirteen. It's a small company, meeting two of the three criteria for small business status. With no auditor mentioned, the accounts are unaudited. The company’s ability to maintain profitability amidst these financial pressures will be key to its long-term success.

Registered in England/Wales under the registration number 08590313, with a registered address at WA4 6HL, England, Warrington, Whitehouse, C/O Slatdan.

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