Rise & Recline Ltd

Rise & Recline Ltd, based in Long Eaton, UK, is a small, active company established 24 years ago. With 44 employees and £738,692 in assets, it's a well-established player in the furniture industry. The company, run by two directors and a single owner, boasts a solid 4.0 Google rating from eight reviews and regularly imports electrical machinery and equipment—the latest activity recorded just three months ago.

The company's website showcases a diverse range of products, from bespoke rise and recline chairs and sofas to electric adjustable beds. It’s clear that Rise & Recline operates primarily as a manufacturer and retailer, offering a made-to-measure service tailored to individual physical dimensions and medical conditions. The website emphasizes British craftsmanship and UK-sourced materials, highlighting a commitment to quality and bespoke design.

Financially, Rise & Recline Ltd presents a mixed picture. While cash bank on hand increased by a healthy 75% to £21,000, current assets also grew by 16% to £740,000. However, creditors have risen considerably, with both short-term and long-term liabilities increasing by 12% and 3%, respectively. The company’s employee numbers have decreased by 25% to 33, which may be a reflection of restructuring or changing operational needs. Equity has increased by a significant 66% to £170,000, which is a positive sign. 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 rise in creditors warrants attention. The accounts are abridged and unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Rise & Recline Ltd appears to be a stable, albeit evolving, business. The increased creditors suggest a need to manage cash flow, but the company's focus on bespoke products and British manufacturing positions it well in a competitive market.

Registered in England/Wales under the registration number 04194331, with a registered address at NG10 1LR, Long Eaton, Nottinghamshire, Unit 5 And 6 Palmer Business Court, Manor House Road.

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