Suite Dreams Furnishing Centre (south Wales) Limited

Suite Dreams Furnishing Centre South Wales Ltd, based in Newport, UK, is a small, family-run business with an active trading status. Founded 28 years ago in 1997, the company employs ten people and holds £376,194 in assets. With a real registered address and two directors and owners at the helm, it’s a tight-knit operation. The firm regularly imports furniture, lighting, and prefabricated buildings, with 7 months of import activity recorded, the latest in January 2024.

The company operates in the retail of furniture, lighting, and similar items, specializing in mail order and internet sales. Its website lists a wide range of cities across the UK where it delivers, suggesting a broad customer base. While the core business focuses on furnishings, the website’s extensive city list hints at a wider geographical reach.

Financially, Suite Dreams Furnishing Centre shows a mixed picture. Current assets increased slightly to £380,000, while net assets decreased by 10% to £190,000. Bank borrowings surged by 440% to £31,000, and cash reserves fell by 69% to £5,600. Creditors decreased by 20%, suggesting better debt management. 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 agile, but the equity drop is a concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Suite Dreams Furnishing Centre is holding steady, but facing pressures. The company’s focus on regular imports and broad delivery area suggests a resilient business model—but the financial numbers indicate a need for careful management.

Registered in England/Wales under the registration number 03332277, with a registered address at NP11 4GU, Newport, Gwent, Penta House High Street, Newbridge.

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