Sofa Supreme Ltd

Sofa Supreme Ltd from Southampton UK: a small, active company founded eight years ago, employs a single person, and holds £18,283 in assets. With two directors and one owner, it maintains a perfect 5.0 Google rating based on 26 reviews. The business is an irregular importer of furniture, lighting, and prefabricated buildings, with just one month of imports recorded as of May 2022.

The company’s website, Supreme Upholstery, showcases a focus on bespoke, handmade leather and fabric sofas and furnishings. It caters to both domestic and commercial clients, including property developers and interior designers. The website highlights services like show home furnishings, interior design, and even soft furnishings, with a director boasting previous experience designing for Soft Furnishings. The business also offers a trade account option and emphasizes its ability to create luxurious environments.

Financially, Sofa Supreme Ltd presents a mixed picture. Accumulated depreciation increased by 5.3%, while the number of employees dropped to zero—a significant change. Bank borrowings rose by 15%, and cash reserves increased to £1,600. However, creditors remained relatively stable, and net assets decreased slightly to -£58,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decline in equity is a concern. No auditor is mentioned, likely due to its small size, so the financial statements are unaudited.

Overall, Sofa Supreme Ltd appears to be navigating a challenging financial landscape, but its focus on bespoke, high-quality furnishings and strong customer reviews suggest potential for future growth.

Registered in England/Wales under the registration number 10215167, with a registered address at SO30 3HP, United Kingdom, Southampton, Unit 12 Seddul Bahr Industrial Estate, Allington Lane.

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