Roy Coles Upholstery Limited

Roy Coles Upholstery Ltd from Marlborough UK: a small, active company founded 22 years ago, employs eight people, and holds £141,228 in assets. It’s a real address with three directors and one owner, a solo founder, and enjoys a stellar 5.0 Google rating based on three reviews. The company operates in the manufacture of other furniture and retail sales via mail order and internet industries.

The business’s website is minimal, suggesting a focus on direct customer interaction rather than extensive online presence. It’s likely they primarily rely on word-of-mouth and local reputation to drive sales, rather than a sophisticated e-commerce strategy. This approach can be cost-effective for a small business, but limits potential growth.

Financially, Roy Coles Upholstery Ltd presents a mixed picture. While cash bank on hand increased by 20% to £40,000, current assets remained relatively stable at £140,000. However, net assets declined by 4.3% to £67,000, and trade debtors decreased by 42% to £23,000. This could be due to a shift in payment terms or a reduction in outstanding invoices. The company's size – meeting two of three conditions for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) – allows for flexibility, but the decline in equity is something to watch. The company is exempt from an audit, so the figures are unaudited.

Overall, Roy Coles Upholstery Ltd seems to be a stable, well-regarded local business. The financial figures suggest a period of adjustment, but there’s nothing to indicate an immediate crisis. The company’s strong Google rating suggests a commitment to customer satisfaction, which is vital for a business relying on local reputation.

Registered in England/Wales under the registration number 04585687, with a registered address at SN8 4JA, Marlborough, Wiltshire, Huish Corner, Oare.

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