Race Furniture Limited

Race Furniture Limited, based in Northampton, UK, is a small holding company with an active status, celebrating 35 years in business. Founded in 1989, the company employs 28 people and holds £2,734,942 in assets. With four directors and one owner, Race Furniture is a regular importer and exporter of furniture, lighting, and prefabricated buildings, having imported for 22 months and exported for 9 months. The company’s address is real, with only four companies registered at the same location.

Race Furniture operates as a manufacturer of other furniture industries, specializing in bespoke seating solutions for theatres, auditoriums, and public spaces. Their website showcases a wide range of products, from fixed and loose seating to soft and retractable options, catering to diverse needs and styles. They don't just sell seats; they offer comprehensive servicing, refurbishment, and design services, emphasizing quality and longevity. The company's website highlights their ability to create "WOW moments" and transform venues with custom seating solutions.

Financially, Race Furniture shows some interesting trends. Accrued liabilities and deferred income increased significantly by 110%, while bank borrowings surged by 88%. Cash bank on hand, however, jumped a remarkable 210% to £410,000. Trade creditors also increased by 64%, and trade debtors decreased by 33%. While net assets grew by 8.3% to £1,000,000, the company’s net losses deepened. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the increase in liabilities suggests a need for careful financial management. The company's accounts were audited by MHA, and the report was signed by Richard Powell. The company's production software was Caseware UK (AP4) 2023.0.135.

Registered in England/Wales under the registration number 02454179, with a registered address at NN4 7AS, United Kingdom, Northampton, Ocee & Four Design, Uk, Liliput Road.

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