Performance Joinery Limited

Performance Joinery Limited, based in Rugby, UK, is a small holding company with an active status, founded six years ago in 9 2019. It employs 50 people and holds £1,861,942 in assets. The company operates from a virtual address—29 other companies are registered at the same location—and is overseen by two directors and one owner. Performance Joinery regularly imports wood and wood products, with 8 months of import activity recorded, the last in March 2024.

The company specializes in the manufacture of veneer sheets and wood-based panels, operating within the broader construction and home improvement sectors. While no website is available for direct analysis, its business description suggests a focus on B2B sales rather than direct-to-consumer e-commerce.

Financially, Performance Joinery shows a mixed picture. Current assets increased by 7.8% to £1.9 million, while net assets remained stable at £1.2 million. However, bank borrowings increased significantly by 67%, reaching £17,000, and cash reserves decreased by 30% to £71,000. Creditors also rose by 11%, indicating a potential need to manage short-term liabilities. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Despite this, the increase in bank borrowings and decrease in cash reserves suggest a need for careful financial management. The company’s net losses deepened from -£10,000 to -£23,000. There is no auditor mentioned, likely due to its small size and exemption from audit requirements. The company's accounts are unaudited.

Registered in England/Wales under the registration number 11865140, with a registered address at CV23 0UZ, England, Rugby, Warwickshire, Magma House 16 Davy Court, Castle Mound Way.

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