The Dining Chair Company Limited

The Dining Chair Company Limited, based in London, UK, is a small holding company with an active status, having been established 29 years ago in 1995. With five employees and £391,796 in assets, it operates from a real address shared by only one other company, indicating a genuine business location. The company is led by three directors and has one owner, though this list may not be exhaustive. It regularly imports and exports furniture, lighting, and prefabricated buildings – five months of import activity and five months of export activity were recorded.

The company’s website is not available, making it difficult to assess its online presence and sales strategy. It’s likely that the business operates primarily through wholesale or retail channels, rather than direct-to-consumer e-commerce.

Financially, The Dining Chair Company Limited presents a mixed picture. While current assets increased by 9.6% to £390,000, equity decreased by 16% to £220,000. Bank borrowings increased by a substantial 2,400%, reaching £29,000, and cash reserves fell 18% to £170,000. Creditors also increased by 29% to £240,000, suggesting a need for better debt management. Despite these challenges, the company's small size—meeting two of three criteria for a small company—allows for agility. The lack of an auditor mentioned (likely exempt as a small company) means the financial statements are unaudited.

The company’s increased reliance on bank borrowings, combined with the decrease in equity, suggests it might be burning through cash. However, the increase in current assets indicates a healthy level of sales, and the company's ongoing import and export activity shows continued engagement in the furniture and lighting market. The directors, A C S Huber, B B Huber, and A C S Huber, will need to closely monitor cash flow and manage debt effectively to ensure the company's long-term financial health.

Registered in England/Wales under the registration number 03137828, with a registered address at SW1W 8PE, London, 4 St. Barnabas Street.

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