Paul James Furniture Centre Limited

Paul James Furniture Centre Limited, based in Thornton Cleveleys, UK, is a small, active family business established eight years ago. With nine employees and £298,079 in assets, it operates from a virtual address—a point of note as 447 companies share the same location—and is led by one director and two owners. The company boasts a stellar 5.0-star Google rating based on 129 reviews, a testament to its customer service. It’s a regular importer of furniture, lighting, and prefabricated buildings, with 11 months of import activity recorded, the latest in November 2024.

The company’s website highlights a showroom open Monday to Saturday and Sunday mornings, offering a wide range of furniture, from sofa suites and dining sets to beds, mattresses, lighting, and wall art. A "Virtual Tour" is prominently displayed, and the site emphasizes quality contemporary furniture for every room. It even proudly announces being recommended as one of the top three furniture shops in Blackpool for 2024.

Financially, Paul James Furniture Centre Limited presents a mixed picture. While cash bank holdings remained stable at £140,000, current assets decreased by 6.4% to £300,000. Net assets took a significant hit, dropping 37% to £83,000. Trade debtors plummeted 69%, which is good, but creditors increased by 18% to £240,000. A concerning trend is the 22% decrease in the average number of employees during the period, falling from nine to seven. The company, meeting two of three criteria to be considered small, is likely exempt from an audit, and the figures are unaudited.

Overall, Paul James Furniture Centre Limited seems to be navigating a period of change. While the business maintains a strong online presence and positive customer reviews, the decline in assets and employee numbers, along with the rise in creditors, suggests it's facing financial pressures. The company’s ability to adapt and maintain its reputation will be key to its long-term success.

Registered in England/Wales under the registration number 10669589, with a registered address at FY5 5HT, United Kingdom, Thornton Cleveleys, Lancashire, 17 Victoria Road East.

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