The Commercial Company (uk) Limited

The Commercial Company (UK) Limited, based in London, is a small, active business founded 22 years ago in 2003. With two directors and two owners, the company employs just two people and holds £585,772 in assets. It operates from a virtual address shared by 7,663 other companies, a point to note. The company's primary focus is importing furniture, lighting, and prefabricated buildings – a consistent activity over the past 15 months, with the latest import in January 2023. It also engages in irregular exporting of electrical machinery and equipment, with just two months of export activity recorded as of March 2022. The company's website showcases a focus on hotel procurement, highlighting services like Westminster Bridge Guestroom renovations and piano restoration—a surprising diversification from its core business.

The website reveals a dual nature: a procurement arm focused on hotel projects and a separate, high-end piano division. The piano division, operating under the name 1066 Pianos, boasts a showroom in Harrods and specializes in museum-grade restorations. While both entities share branding, their operations seem distinct, with the piano division exhibiting a greater emphasis on heritage and prestige.

Financially, The Commercial Company (UK) Limited presents a mixed picture. Current assets have decreased by 28% to £590,000, and net assets have fallen by 10% to £510,000. Bank cash has dropped significantly by 32% to £480,000. Creditors have also declined by 69%, suggesting improved debt management. Trade debtors have decreased by 8.5%, and the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. However, the decline in equity and cash reserves raises concerns about its financial health. The company’s accounts are unaudited, as it is exempt from an audit as a small company.

In conclusion, The Commercial Company (UK) Limited appears to be navigating a period of transition. While its procurement services and piano division offer diverse revenue streams, the declining financial metrics suggest a need for careful management and a focus on sustainable growth.

Registered in England/Wales under the registration number 04723244, with a registered address at W1W 7LT, England, London, 85 Great Portland Street, First Floor.

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