Raft Limited
- In Administration
- Small
- 27 years
- 38 employees
- £1,383,074 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Virtual address
- 3 directors
- 2 owners
- Watford
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Raft Ltd from Stanmore UK: a small, active company founded 26 years ago in 1999, employs 38 people and holds assets of £1,383,074. Operating from a virtual address, it’s managed by three directors and two owners. The company regularly imports furniture, lighting, and prefabricated buildings – a trend spanning 72 months, with the latest import in January 2025 – and has also exported these items, though only for a brief period, three months, with the last export in December 2019.
Raft’s website showcases a business specializing in handmade furniture, particularly sofas and reclaimed teak pieces, with a strong emphasis on British craftsmanship. It operates both an online store and physical showrooms in London, St Albans, and Richmond, offering a range of furniture and home accessories. The website also highlights a bespoke service, allowing customers to customize their pieces, and interior design services, suggesting a focus on high-end, personalized offerings.
Financially, Raft Ltd’s recent performance presents a mixed picture. While current assets increased by 12% to £1,400,000, net assets grew by a more substantial 41% to £150,000. However, bank borrowings remained steady at £73,000, and trade debtors rose significantly by 56% to £210,000 – a potential sign of delayed payments. Creditors also decreased by 5.9% to £69,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in debtors warrants monitoring. As a small company, the accounts are unaudited, relying on director-reported figures.
The company’s long-standing presence and focus on quality suggest a resilient business, but the rise in debtors could indicate challenges in managing cash flow. The blend of online retail and physical showrooms, combined with bespoke services, positions Raft Ltd to cater to a discerning customer base, but continued financial scrutiny is advisable.
Registered in England/Wales under the registration number 03708844, with a registered address at WD17 1AP, Watford, Herts, 1st Floor, 21 Station Road.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 3
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 4
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 24 years
- 3
-
Resident of United Kingdom
-
Individual
- 24 years
-
Resident of United Kingdom
-
Individual
- 27 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Administrator's progress reportDownload 22 pages pdf report
-
Notice of deemed approval of proposalsDownload 3 pages pdf report
-
Statement of administrator's proposalDownload 60 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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FAQ about Raft Limited
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