Smart Line Furniture Ltd.

Smart Line Furniture Ltd, based in Barnsley, UK, is a small, active company founded 15 years ago. With just one employee and £322,094 in assets, it operates from a virtual address – a detail flagged by the registration of 160 companies at the same location. The company, owned and directed by Tybura Marek, is a solo founder operation with an e-commerce site and a respectable 3.0 Google rating from 137 reviews. It’s an irregular importer, bringing in furniture, lighting, and prefabricated buildings, with the last import activity recorded two months ago in December 2022.

The company’s website, SLF24, focuses on modern and retro furniture, offering sofas, chairs, beds, and more. It uses cookies to improve the user experience and offers free delivery until April 30th. The site showcases a wide range of styles, materials, and sizes, and even allows customers to view products in augmented reality. It’s a strong emphasis on customer service, with a showroom available by appointment only. The website also features a blog with articles on interior design trends, such as the resurgence of corduroy and the incorporation of loft accents.

Financially, Smart Line Furniture Ltd presents a mixed picture. Current assets have plummeted by 57%, dropping to £320,000, while net assets have suffered a significant 99% decrease, settling at -£600,000. Bank borrowings have been reduced by 76%, down to £360, and cash reserves have fallen 58%, reaching £200,000. Creditors have also decreased, but other debt has increased. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the substantial equity decline suggests potential financial strain. There's no auditor mentioned, so the figures are unaudited.

The company’s reliance on irregular imports and the substantial drop in equity raise questions about its long-term sustainability. However, the active e-commerce presence and focus on customer service suggest a commitment to growth, even if it’s facing challenges.

Registered in England/Wales under the registration number 07226182, with a registered address at S70 2SB, England, Barnsley, South Yorkshire, Old Linen Court, 83-85 Shambles Street.

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