Select Contract Furniture Limited

Select Contract Furniture Ltd, based in East Kilbride, UK, is a small, active company founded seventeen years ago. With three employees and £574,665 in assets, it operates from a real address and is managed by three directors and two owners. The company regularly imports furniture, lighting, and prefabricated buildings—a total of 32 months of import activity—with the most recent shipment arriving in February 2025. It also exports special woven and decorative fabrics, with three months of export activity, the latest in November 2024.

The company's website highlights its expertise in contract furniture for hotels, restaurants, bars, sports and leisure clubs, and care homes. It offers bespoke design and installation services, emphasizing its ability to meet complex project challenges. The site showcases a wide range of furniture and flooring options, and even features a showroom in Scotland. It’s clear they are aiming to be a one-stop shop for hospitality businesses.

Financially, Select Contract Furniture Ltd’s report shows some interesting trends. Cash reserves increased by a substantial 91%, reaching £210,000, which is a positive sign. However, net assets also increased by 42%, reaching £130,000, and bank borrowings have decreased, suggesting improved financial management. Creditors, however, increased by 25%, reaching £440,000, which could indicate increased reliance on credit. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the small company exemption.

Overall, Select Contract Furniture Ltd appears to be in a stable position, with healthy cash reserves and a focus on delivering bespoke solutions to the hospitality sector. The increase in creditors is something to monitor, but the company's experience and focus on quality suggest it’s well-equipped to navigate future challenges.

Registered in Scotland under the registration number SC335381, with a registered address at G75 0PZ, Scotland, East Kilbride, South Lanarkshire, 2a Colvilles Place.

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