The Old Creamery Limited

The Old Creamery Limited, based in Yeovil, UK, is a small holding company with an active status, having been incorporated fifty-one years ago in August 1973. With £1,733,875 in assets and twenty-seven employees, it operates a retail business specializing in furniture, lighting, and similar items, with an e-commerce presence. The company also regularly imports furniture, lighting, and prefabricated buildings, with a history of 223 months of import activity. Four directors and one owner oversee the business, which has a real address and is registered at Watercombe Park, Lynx Trading Estate.

The company’s website, Old Creamery Furniture, showcases a wide range of furniture collections, including sofas, bedroom furniture, living room pieces, and dining sets, catering to diverse styles and budgets. The site emphasizes quality craftsmanship, brand partnerships like Parker Knoll and G Plan, and convenient online shopping with delivery and installation options. It also features a section dedicated to kitchen furniture, highlighting custom-built cabinetry and design services.

Financially, The Old Creamery Limited shows some concerning trends. Accumulated Amortisation Impairment Intangible Assets increased by a significant 240%, while Accumulated Depreciation Impairment Property Plant Equipment decreased by 5.2% and 17.0% respectively. Bank cash decreased by 11% to £370,000. Creditors increased by 3.3%, suggesting a reliance on short-term financing. The company’s small size—meeting two of three conditions for being classified as small—helps maintain agility, but the decrease in equity by 14% is something to keep an eye on. With no auditor mentioned, the financial statements are unaudited.

The company’s average number of employees has also decreased by 11%, which could be a result of streamlining operations or a reflection of current economic conditions. The business is clearly focused on maintaining a strong online presence and offering a diverse range of furniture options, but the financial data suggests it may be facing some challenges in terms of profitability and asset management.

Registered in England/Wales under the registration number 01129549, with a registered address at BA20 2HL, Yeovil, Somerset, The Old Creamery Limited Watercombe Park, Lynx Trading Estate.

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