Prewer & Orsborn Limited

Prewer & Orsborn Ltd, based in Hockliffe, UK, is a small, active company established 24 years ago. With three employees and £41,843 in assets, it’s a solo-founded operation led by a single director and owner. The company boasts a respectable 4.0 Google rating from nine reviews, and operates from a real address within a business park. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import activity occurring two months ago in August 2022.

The company's website showcases a showroom within converted farm buildings, a destination for home design enthusiasts. It’s a place to find everything from chandeliers to cutting-edge contemporary lighting, even offering smart phone app control. The showroom is part of a larger business park, alongside other home design specialists like fireplace and bathroom suppliers. The business operates primarily as a retail outlet, with a focus on providing a curated selection of lighting and home furnishings.

Financially, Prewer & Orsborn Ltd presents a mixed picture. Current assets have decreased by 20%, falling to £42,000, while net assets have surged an astonishing 6,200%, reaching £3,900. Bank borrowings have seen a significant increase, rising by 2,400% to £2,400, and cash reserves have plummeted 100%, leaving just £50. Creditors have also decreased by 27%, suggesting some improvement in debt management. 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 dramatic increase in equity, while positive, warrants further investigation. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

Registered in England/Wales under the registration number 04130592, with a registered address at LU7 9NB, Hockliffe, Beds, 6 Hockliffe Business Park, Watling Street.

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