M Burrows Furniture World Limited

M Burrows Furniture World Ltd, based in Halifax, UK, is a small, active company celebrating 20 years in business. With 11 employees and £448,311 in assets, it's a family-run operation boasting a stellar 5.0 Google rating from 158 reviews. The company operates from a virtual address, managed by three directors and one owner, and regularly imports furniture, lighting, and prefabricated buildings – the latest shipment arriving in November 2023.

The company’s website showcases a wide range of furniture, from sofas and chairs to bedroom sets and conservatory collections. It’s clear that M Burrows Furniture World Ltd operates a full-fledged e-commerce business, allowing customers to browse and purchase items online. They even have a “flash sale event” currently running. The site emphasizes a "price promise" and offers a "Premier Protection" cover, suggesting a focus on customer value and reassurance.

Financially, M Burrows Furniture World Ltd presents a mixed picture. Current assets have decreased by 8.4% to £450,000, while net assets also fell by 5.8% to £370,000. Bank borrowings have increased by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. On the positive side, creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, M Burrows Furniture World Ltd seems to be navigating a period of change, balancing its online presence with financial pressures. It will be interesting to see how the company adapts and continues to serve its customers in the years to come.

Registered in England/Wales under the registration number 05311372, with a registered address at HX3 6AS, Halifax, West Yorkshire, Horley Green House Horley Green Road, Claremount.

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