Sofa-uk Ltd

Sofa-Uk Ltd from Rotherham UK: small company, active status, founded 19 years ago, 7 employees, £341,579 assets, real address, 2 directors, 1 owner. Regular importer of miscellaneous manufactured goods (3 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £341,579.

Sofa-Uk Ltd operates as a family-owned upholstery manufacturer, furniture, beds, and carpets retailer, trading from the same premises for 45 years. The business began as Quality Upholstery in 1975, evolving into a trusted name in the industry thanks to expert craftsmanship. The founder, relocating from Kashmir, honed his skills before establishing the business in Sheffield, supporting his family by repairing furniture in his spare time. Today, Sofa-Uk Ltd serves customers locally and throughout the UK via TNT, night freight, and worldwide delivery, with certain postcodes incurring additional costs. The company’s website highlights a focus on creating high-quality, long-lasting furniture, with a showroom and online store showcasing a range of sofas, chairs, and bedroom sets.

Financially, Sofa-Uk Ltd presents a mixed picture. Current assets declined by 12% to £340,000, while net assets increased by 10% to £170,000. Bank borrowings decreased by 27% to £30,000, and cash reserves fell by 3% to £120,000. Creditors decreased by 2.6% to £360,000. The company’s small size helps it remain agile, but the decrease in cash reserves suggests it’s relying on credit to keep operations running. With no auditor mentioned, the figures are unaudited. The company’s reliance on imports, particularly miscellaneous manufactured goods, could also make it vulnerable to supply chain disruptions. It’s a bit of a shame that the company hasn't had a better year, but hopefully, they can turn things around.

Registered in England/Wales under the registration number 05543585, with a registered address at S65 2UF, England, Rotherham, Sofa-Uk, Doncaster Road.

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