Red Lion Upholstery Limited

Red Lion Upholstery Ltd from Lichfield UK: a small, active company founded eight years ago, employs five people, and holds £90,109 in assets. It operates from a virtual address, managed by two directors and two owners, and currently boasts a 3.0-star Google rating based on just two reviews. The company is an irregular importer, primarily dealing in knitted or crocheted fabrics, with only one month of import activity recorded as of March 2022.

The company’s website highlights a family-run business dedicated to providing excellent customer service, no matter the job size. They emphasize sustainability, using responsibly sourced materials and a zero-waste-to-landfill policy. Located on the Lovell Industrial Estate in Tamworth, they operate from Unit 1 and can be contacted via email or mobile phone.

Financially, Red Lion Upholstery Ltd presents a mixed picture. While cash reserves have increased slightly to £2,400, net current assets and liabilities have worsened considerably, reaching -£25,000. Debtors have risen sharply by 24%, potentially indicating delayed payments, and creditors have also increased, reaching £110,000. Equity has seen a dramatic increase to £19,000, likely due to retained earnings. The company’s small size—meeting two of three conditions for being considered small—allows for agility, but the increased debt and reduced net assets suggest a need for careful management. As a small company, it's exempt from a formal audit, so the figures are unaudited.

Despite the challenges, Red Lion Upholstery Ltd seems to be holding its own, focusing on quality craftsmanship and customer satisfaction.

Registered in England/Wales under the registration number 10674108, with a registered address at WS13 7FE, England, Lichfield, 6 Parkside Court, Greenhough Road.

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