Quality Lounge Suites Limited

Quality Lounge Suites Ltd, based in Watford, UK, is a small, active company founded 18 years ago. With nine employees and £579,243 in assets, it’s a family-run business led by a solo founder and overseen by four directors. The company regularly imports furniture, lighting, and prefabricated buildings—a consistent pattern over the last 105 months, with the latest import in February 2025. They’ve also started exporting these same products, though only for three months, with the most recent shipment in June 2024. The company has a real address, and only one other company is registered there.

Their website, qualityloungesuites.co.uk, is currently under construction, with a message indicating a refurbishment is underway. Customers are encouraged to browse their Instagram for updates and examples of their bespoke furniture. The site highlights their commitment to quality over quantity, creating stylish, bespoke furniture designs. Contact information, opening hours, and payment options are clearly displayed.

Financially, Quality Lounge Suites Ltd shows a mixed picture. Cash bank on hand increased significantly by 88% to £88,000, a positive sign of improved liquidity. However, creditors rose by 8.7% to £440,000, suggesting increased reliance on short-term financing. Equity, however, jumped by a substantial 120% to £140,000, likely reflecting retained earnings. Debtors also increased by 18% to £360,000, which could be a result of increased sales or a lengthening of payment terms. 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 changes in creditors and debtors warrant close monitoring. No auditor is mentioned, which is typical for small companies.

Overall, Quality Lounge Suites Ltd appears to be navigating a period of transition. The refurbishment and website construction suggest a focus on long-term growth, while the financial data reveals both strengths and areas for attention.

Registered in England/Wales under the registration number 05874132, with a registered address at WD17 2HY, England, Watford, 289 Lower High Street.

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