Stollers Furniture World Limited

Stollers Furniture World Ltd from Cumbria UK: a large company, active status, founded 30 years ago, employs 75 people, holds £3,537,791 in assets, and generates £6,545,563 in yearly revenue. It operates from a real address and is led by two directors and one owner, boasting a 4.0 Google rating from 495 reviews. The company regularly imports furniture, lighting, and prefabricated buildings, with 88 months of import activity recorded.

The company’s website showcases a 58,000 sqft showroom and a wide range of furniture, from sofas and beds to office furniture and lighting. It appears to be primarily an in-person retail business, with a strong emphasis on showcasing its products and offering personalized shopping assistance. There's a clear focus on quality brands like GPlan, Hypnos, and Tetrad, suggesting a target market of customers seeking premium furniture. The website also has a blog and newsletter sign-up, indicating efforts to engage with customers and build a brand community.

Looking at the financial data, there's a mixed picture. While revenue remained steady, depreciation expenses increased by 12%, and staff costs decreased by 6.6%. Bank borrowings decreased significantly, which is a positive sign. However, net assets dropped by 22%, and cash reserves fell by 10%, suggesting a potential need to manage cash flow. The company meets the criteria to be considered large, having met two out of three conditions. The absence of an auditor's report, likely due to its size, means these figures are unaudited.

The company's ability to maintain its large size and revenue will depend on effectively managing its costs and continuing to attract customers to its showroom. The decrease in cash reserves is something to keep an eye on, but the reduction in bank borrowings is a positive indicator.

Registered in England/Wales under the registration number 02978393, with a registered address at LA14 5UN, Cumbria, Walney Road, Barrow-In-Furness.

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