The Odd Chair Company Limited

The Odd Chair Company Limited is a small, family-run business based in Leyland, UK, with an active trading status. Established 32 years ago in 1992, it employs 17 people and holds £1,001,039 in assets. The company, led by three directors and two owners, specializes in the manufacture of other furniture industries, with a real registered address and a focus on bespoke, handmade upholstered furniture. It regularly imports special woven and decorative fabrics (four months of import activity) and exports furniture, lighting, and prefabricated buildings (23 months of export activity).

The company’s website showcases a wide range of furniture, from sofas and chairs to beds and mirrors, all crafted with luxury British craftsmanship. It offers both ready-to-buy items and a bespoke furniture design service, allowing customers to create custom pieces. The site also highlights the company’s restoration and reupholstery services, catering to both antique and modern furniture. It's clear they're targeting a higher-end market.

Financially, The Odd Chair Company Limited shows a mixed picture. Current assets increased by 34% to £1,000,000, while net assets grew by 29% to £660,000. Bank borrowings decreased by 32% to £21,000, and cash reserves jumped 69% to £410,000. However, creditors increased significantly, rising 96% to £200,000 within one year. Trade debtors also grew by 37%, suggesting a possible reliance on customer payments. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, likely due to the small company exemption.

The company’s growth in assets and cash reserves is encouraging, but the increase in creditors warrants attention. It appears they are doing well, but managing their debts will be important for long term success.

Registered in England/Wales under the registration number 02720588, with a registered address at PR25 4GU, England, Leyland, Unit 15 Centurion Industrial Estate, Centurion Way.

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