Neal Jones Furniture Ltd

Neal Jones Furniture Ltd, based in Lancaster, UK, is a small, active company established 16 years ago. With ten employees and £1,506,672 in assets, it’s a family-run business led by six directors and one owner. The company has a real registered address and operates from Lune Business Park. It’s a regular importer of wood and wood products, with 9 months of import activity recorded up to January 2025, and a regular exporter of furniture, lighting, and prefabricated buildings, with 12 months of export activity up to February 2025. The company manufactures office and shop furniture.

The business operates primarily through its website, though details are scarce. It appears to be a B2B operation, focusing on supplying furniture and related products to commercial clients. There's no obvious e-commerce presence for direct consumer sales.

Financially, Neal Jones Furniture Ltd shows a mixed picture. While current assets remained stable at £1,500,000, net assets increased by 11% to £840,000. However, cash bank on hand dropped significantly by 48% to £380,000, suggesting the company may be reinvesting in its business. Trade debtors increased substantially by 270% to £400,000, which could indicate expanding sales but also potential challenges in collecting payments. Property, plant, and equipment increased by 230% to £430,000, which could be from new machinery or investments. Creditors decreased by 7.7%, which is a good sign. 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 decrease in cash reserves warrants attention. The company is exempt from audit as a small company.

The increase in property, plant, and equipment, along with the rise in debtors, suggests the company is growing its operations. However, the decline in cash reserves could be a cause for concern if it doesn’t improve. It's possible the company is investing in new equipment or expanding its product line, but it’s important to monitor its cash flow closely.

Registered in England/Wales under the registration number 06814654, with a registered address at LA1 5XW, England, Lancaster, C1 Brockbank Avenue, Lune Business Park.

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