Normandy Furnishings Ltd

Normandy Furnishings Ltd, based in Wilmslow, UK, is a small, active family business established 22 years ago. With eight employees and £254,956 in assets, the company operates from a virtual address—a fact highlighted by the presence of 23 other companies registered at the same location. Two directors and two owners manage the business, which is a irregular importer of furniture, lighting, and prefabricated buildings, with just one month of imports recorded as of April 2022.

The company specializes in retail of furniture, lighting, and similar items, and its website indicates a focus on specialized store industries. It’s a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It’s a family business, and the company's core business is retail.

Financially, Normandy Furnishings Ltd shows some concerning trends. Current assets have decreased by 0.88% to £250,000, while net assets have fallen by 17% to £120,000. Bank borrowings have increased, and cash reserves have declined by 7.7% to £140,000. Creditors have risen by 13%, and trade debtors have increased slightly. The company’s equity has also decreased, suggesting a potential drain on resources. It's worth noting that the company's retained earnings and accumulated losses have also decreased. The lack of an auditor (likely due to its small size) means the figures are unaudited.

The company’s financial instruments policy is to apply the provisions of Section 11 and Section 12 of FRS 102. The company's tax expense represents the sum of the tax currently payable and deferred tax. The company’s principal accounting policies are set out below. It’s a small company, and it’s important to keep an eye on its financial health.

Registered in England/Wales under the registration number 04703597, with a registered address at SK9 1PT, Wilmslow, Cheshire, Enterprise House, 97 Alderley Road.

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