Seating On Line Limited

Seating On Line Limited, based in Bridgend, UK, is a small, active family business founded 26 years ago. The company, employing five people, holds £378,836 in assets and operates an e-commerce site. It’s a tight-knit operation with three directors and two owners, registered at a virtual address shared by fifteen other companies.

The company’s website showcases a wide range of seating options, from office chairs to dining sets, catering to both home and business customers. It seems to be focused on retail sale via mail order houses or via internet, with a strong emphasis on providing quality furniture at competitive prices. It also owns Loop Furniture Ltd.

Financially, Seating On Line Limited presents a mixed picture. While current assets have increased by 48% to £380,000, net assets have significantly improved, rising by 60% to -£42,000. Bank borrowings have decreased by 35%, reaching £17,000, and cash reserves have seen a substantial increase, growing by 87% to £170,000. Trade debtors have also increased by 23%, reaching £150,000. Despite these positive trends, accumulated depreciation impairment property plant equipment has increased by 27%, and the company’s equity remains negative. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s likely exempt from an audit, and the figures are unaudited.

The company’s directors are Randall Paul Jonathan, Randall Paul Jonathan, and Randall Tony William. The owners are Randall Paul Jonathan and Randall Tony William. The company’s financial data suggests it’s navigating a period of change, with increased assets and cash reserves, but also ongoing challenges in profitability.

Registered in England/Wales under the registration number 03746917, with a registered address at CF31 3SH, Wales, Bridgend, Mid Glamorgan, Unit 10 Bridgend Business Park Bennett Street, Bridgend Industrial Estate.

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