Poliform Uk Limited

Poliform Uk Limited, based in Weybridge, UK, is a large company with an active status, established 23 years ago. Employing 34 individuals, it holds £8,262,399 in assets and generates £15,272,650 in yearly revenue. While it has three directors, there are no listed owners, which is not uncommon for companies of this size. The company operates from a virtual address, with 411 other companies registered at the same location, raising some questions about its physical presence. It regularly imports and exports furniture, lighting, and prefabricated buildings, with a long history of 155 months of imports and 6 months of exports.

The company's website, showroompoliformnorth.co.uk, showcases Poliform North as masters at creating contemporary home projects, blending modern elegance with functionality. It’s a showroom and design fit-out business, specializing in Poliform furniture and offering services from kitchen design to complete house fitouts. The website highlights partnerships with renowned architects and designers, emphasizing a commitment to luxury lifestyle and refined Italian style.

Financially, Poliform Uk Limited presents a mixed picture. Current assets decreased by 11% to £8,300,000, while net assets plummeted 30% to £660,000—a significant drop. Bank borrowings increased by 11% to £4,300,000, and cash reserves fell 13% to £2,100,000. Creditors decreased by 11% to £9,400,000, suggesting better debt management. Turnover increased by 7% to £15,000,000, but profit losses deepened, indicating rising costs or pricing pressures. The company meets two of three conditions to be considered large, with turnover exceeding £36 million and balance sheet total exceeding £18 million. The lack of an auditor mentioned suggests it’s exempt from an audit.

The company's financial performance suggests it’s navigating a challenging environment, likely facing increased competition or rising material costs. Despite this, its focus on high-end design and established brand reputation could help it weather the storm and continue to serve its clientele.

Registered in England/Wales under the registration number 04216083, with a registered address at KT13 8DE, England, Weybridge, Surrey, The Old Rectory, Church Street.

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