Pine World Superstores Limited

Pine World Superstores Ltd, based in Salisbury, UK, is a small, family-run business with an active status. Established 22 years ago in 2003, the company employs 31 people and holds assets worth £1,072,714. It operates from a virtual address – a bit odd, as 54 companies are registered at the same location – and is managed by four directors and two owners. Google reviews are glowing, with a perfect 5.0 rating based on 150 reviews. The company is a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 98 months of import activity recorded.

The company’s website, A World of Furniture, showcases a wide range of furniture, from sofas and beds to dining tables and bedroom sets. It’s a comprehensive online store, with sections for different room types and styles. There’s also a blog, which features articles on interior design and home improvement. The website doesn't seem to have a dedicated e-commerce section, instead directing customers to physical stores. It also has a surprising side hustle: a vintage piano restoration business. This division operates independently, boasting museum-grade restorations and even a presence in Harrods.

Financially, Pine World Superstores Ltd presents a mixed picture. Current assets have decreased by 14% to £1,100,000, while net assets have fallen 11% to £1,300,000. Bank borrowings have significantly increased by 98% to £110,000, and cash reserves have fallen 4.2% to £190,000. Creditors have also decreased by 25%, which is a positive 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 drop in equity is something to keep an eye on. As a small company, it’s exempt from an audit, so the figures are unaudited. The company’s vintage piano restoration business, meanwhile, seems to be thriving, suggesting a potential source of revenue diversification.

Registered in England/Wales under the registration number 04715941, with a registered address at SP1 2DR, Salisbury, Wiltshire, Windover House, St Ann Street.

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