Oakvine Furniture Limited

Oakvine Furniture Ltd from Borehamwood UK is a small, family-run business with an active status, established thirteen years ago. With eight employees and £163,039 in assets, it operates from a real address and is managed by two directors and owners. Boasting a perfect 5.0 Google rating from a single review, Oakvine Furniture is an irregular importer of furniture, lighting, and prefabricated buildings, with a recent import recorded one month ago.

The company's website showcases a bespoke furniture service, emphasizing precision and quality. Oakvine offers a range of services, from initial consultation to final installation, with a focus on high-end, custom-made pieces. The site highlights over 500 wood varieties, completed projects, and client testimonials, inviting customers to get in touch and order now. It's clear they are trying to position themselves as experts in the field.

Financially, Oakvine Furniture Ltd presents a mixed picture. While current assets increased by 13% to £160,000, net assets saw a significant jump of 51% to £65,000. Bank borrowings decreased by 17% to £32,000, and cash reserves experienced a remarkable 880% increase to £2,200. However, creditors also fell by 17%, suggesting some debt management. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the fluctuating numbers warrant closer attention. No auditor is mentioned, which is common for small companies.

It seems Oakvine is navigating a period of change, with a focus on growth and customer satisfaction. Whether they can sustain this momentum remains to be seen, but their commitment to quality and bespoke design gives them a strong foundation.

Registered in England/Wales under the registration number 08046739, with a registered address at WD6 2HP, United Kingdom, Borehamwood, 5 Stirling Way.

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