P.r.s. Office Furniture Limited

Prs Office Furniture Ltd from Pitstone UK is a small, holding company with an active status, established 24 years ago. The company employs 27 people and holds assets valued at £6,377,630. With three directors and one owner, it operates from a real address and regularly imports and exports furniture, lighting, and prefabricated buildings—a combined 417 months of activity.

The company’s website showcases a broad range of services, from furniture solutions and space planning to ergonomic assessments and bespoke design. It's not primarily an e-commerce site; instead, it functions as a consultancy and supplier, working with businesses to optimize their workspaces. Projects highlighted include installations at major corporations and logistics hubs—demonstrating a focus on B2B clients and large-scale projects. The site emphasizes a commitment to sustainability, with a dedicated section outlining its environmental goals and community involvement.

Financially, Prs Office Furniture Ltd presents a mixed picture. Current assets increased by 27% to £6.4 million, while net assets rose by 7.1% to £3.1 million. However, bank borrowings jumped by 400% to £400,000, and trade debtors increased by 85% to £3.8 million, suggesting a reliance on credit sales. Creditors also rose significantly by 49% to £3.5 million. Despite these challenges, the company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

The surge in debtors could be linked to increased sales volume or extended payment terms, while the rise in borrowings might reflect investments in growth or working capital needs. The company’s focus on large-scale projects and B2B clients suggests a business model that requires significant upfront costs and longer sales cycles. Overall, Prs Office Furniture Ltd appears to be a stable, albeit somewhat leveraged, operation—navigating the complexities of the office furniture industry with a focus on consultancy and bespoke solutions.

Registered in England/Wales under the registration number 04026031, with a registered address at LU7 9GX, Pitstone, Bedfordshire, 5 Harvington Park, Pitstone Green.

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