Max Furniture Ltd

Max Furniture Ltd, based in Hove, UK, is a small, active company established sixteen years ago. With seven employees and £701,972 in assets, it operates from a virtual address—a detail worth noting as 448 companies are registered at the same location. The business is family-owned, managed by one director, and has two owners. It regularly imports furniture, lighting, and prefabricated buildings, with a consistent record of 96 months of import activity.

The company specializes in office pods and booths, positioning itself as the UK's leading specialist in this niche market. Its website highlights the need for focused workspaces in busy modern offices, offering a range of acoustic booths from leading European manufacturers. It even has a showroom in Clerkenwell, London, a hub for contemporary design. The company handles the entire process, from site surveys to installation and aftercare, aiming to provide a seamless experience for clients.

Financially, Max Furniture Ltd shows some concerning trends. Current assets have decreased by 29%, dropping to £700,000, while net assets have also declined by 19%, settling at £110,000. Bank borrowings have significantly reduced by 32%, reaching £65,000, and cash reserves have fallen dramatically by 99%, leaving just £1,000. Creditors have decreased by 35%, suggesting better debt management, but the sharp drop in cash and equity is a cause for concern. 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 remain flexible, but the equity decline warrants closer examination. As a small company, it's exempt from an audit, so these figures are unaudited.

The business seems to be navigating a period of financial pressure, even as it continues to expand its presence in the acoustic pod market.

Registered in England/Wales under the registration number 06639626, with a registered address at BN3 2DL, England, Hove, 168 Church Road.

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