Sorrell & Smith Ltd

Sorrell & Smith Ltd from Wickford UK is a small company with an active status, founded two years ago. It employs just one person and holds £26,766 in assets. The company, run by a solo founder and overseen by one director and two owners, operates an e-commerce site and enjoys a perfect 5.0 Google rating based on four reviews. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings—just one month of imports were recorded as of October 2024.

The company’s website, Sorrell Smith Furniture Co., specializes in custom luxury furniture, particularly dining tables, desks, and kitchen worktops. They emphasize bespoke designs, handcrafted quality, and a quick turnaround time (3-4 weeks) for orders. The website showcases a range of materials, including English Elm, French Oak, and Pippy Poplar, and even offers a detailed ordering guide. They also provide a gallery of recent projects, including a stunning Yew dining table with integrated stone.

Financially, Sorrell & Smith Ltd shows a mixed bag. Current assets increased by 70% to £27,000, while net losses deepened to -£10,000. Bank borrowings surged by 200% to £16,000, and cash reserves fell 200% to £16,000. Trade debtors plummeted by 98% to just £100, suggesting better collection practices, but creditors rose by 55% to £25,000. 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 remain nimble, but the equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s focus on high-end, custom furniture suggests a strategy of differentiation—catering to a niche market willing to pay a premium for quality and craftsmanship. Whether this strategy can overcome the financial pressures remains to be seen, but their commitment to bespoke design and British manufacturing gives them a unique selling point.

Registered in England/Wales under the registration number 14373414, with a registered address at SS11 7DY, United Kingdom, Wickford, Essex, Abbeyfields Meadow Lane, Runwell.

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