The Furniture Shacks Ltd

The Furniture Shacks Ltd is a small, active company based in St. Albans, UK, founded two years ago. With seven employees and £146,229 in assets, it operates from a virtual address and is led by a solo founder who also serves as director and owner. The company regularly imports furniture, lighting, and prefabricated buildings—nine months worth, with the last import in December 2024—but exports irregularly, with just two months of activity recorded in August 2024.

The company's website showcases a wide range of outdoor furniture, from lounges and dining sets to accessories and cushions. It caters to customers across the globe, offering various payment options and shipping to numerous countries. The site's design is clean and modern, with high-quality product images and detailed descriptions. It's clearly focused on e-commerce, with a user-friendly interface and a seamless checkout process.

Financially, The Furniture Shacks Ltd presents a mixed picture. While its assets remain relatively stable at £146,229, net assets decreased slightly to -£160,000. Cash bank on hand is a solid £26,000, but bank borrowings have remained at £400. Trade debtors are stable at £34,000, and creditors are also steady at £310,000. The company’s small size—meeting two of three criteria for a small company—helps it stay nimble, but the negative equity suggests it’s burning through cash. With no auditor mentioned, the figures are unaudited.

The company's reliance on imports and occasional exports indicates a focus on sourcing and distributing furniture rather than manufacturing. The virtual address raises questions about its physical presence and operational efficiency. The solo founder model, while potentially cost-effective, could also create challenges in terms of workload and scalability. Overall, The Furniture Shacks Ltd appears to be a small, online-focused business navigating the challenges of a competitive market.

Registered in England/Wales under the registration number 14552933, with a registered address at AL1 4JY, United Kingdom, St. Albans, Hertfordshire, 145/147 Hatfield Road.

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