Rose Bay Furniture Limited

Rose Bay Furniture Ltd from Sutton Coldfield UK: a small, active company founded 21 years ago, employs 15 people, and holds £784,394 in assets. It’s a family business with three directors and two owners, and boasts a Google rating of 4.0 based on seven reviews. The company operates from a virtual address, which is a bit strange as twelve other companies are registered at the same location. It’s a regular importer of furniture, lighting, and prefabricated buildings, with 66 months of import activity recorded, the last operation made in August 2024.

The company’s website, Rose Bay Furniture, describes itself as a wholesale supplier of furniture, carpets, and lighting equipment. It's not clear if they have an e-commerce presence, but the site focuses on wholesale distribution rather than direct consumer sales. The company seems to be a B2B business.

Financially, Rose Bay Furniture Ltd shows some concerning trends. Current assets have decreased by 24% to £780,000, while net assets have fallen 5.9% to £840,000. Bank borrowings have decreased by 8.5% to £150,000, and cash reserves have plummeted 59% to £150,000. Creditors have also fallen by 62%, which is a positive sign. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The significant drop in cash reserves, however, suggests the company may be burning through money, or facing increased operational costs. The company is exempt from an audit, so the numbers are unaudited. It’s likely that the company is facing some financial pressures, but it's too early to say if it’s a long-term problem.

Registered in England/Wales under the registration number 05116520, with a registered address at B76 9QW, Sutton Coldfield, West Midlands, The Riding School House, Bulls Lane Wishaw.

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