Think Furniture Design Ltd
- Small
- Active
- 19 years
- 11 employees
- £660,555 (assets)
- Real address
- 5 directors
- 2 owners
- Regular importer
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Think Furniture Design Ltd is a small, family-run business based in Margate, UK, with an active trading status. Founded nineteen years ago in 2006, the company employs eleven people and holds £660,555 in assets. It operates from a real address and is overseen by five directors and two owners. Think Furniture Design Ltd regularly imports furniture, lighting, and prefabricated buildings, with ninety-seven months of import activity recorded, the latest in January 2025.
The company's website showcases a wide range of furniture and office solutions, catering to various sectors like education, hospitality, and healthcare. It offers services like office planning, furniture procurement, and project management, alongside a selection of top brands like Orangebox, Vitra, and Interstuhl. The website also features a blog with articles on topics like cultivating wellbeing in the modern office and showcasing their presence at industry events. It’s clear that Think Furniture Design Ltd is more than just a retailer; it’s a design and solutions provider.
Financially, Think Furniture Design Ltd presents a mixed picture. While current assets remain relatively stable at £660,000, equity has significantly declined by 18%, dropping to £390,000. Creditors have increased by 45%, reaching £280,000, and other creditors have risen by a substantial 84%, hitting £29,000. Bank borrowings remain steady. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
The company’s financial trends suggest it may be facing some challenges, although its consistent import activity and diverse service offerings indicate a resilient business model. The decline in equity could be due to reinvestment in the business or other factors, but it warrants further investigation.
Registered in England/Wales under the registration number 05761135, with a registered address at CT9 1HD, Margate, Kent, Basement Studio, 40 Fort Hill.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 3
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
-
Resident of United Kingdom
-
Individual
- 13 years
-
Resident of United Kingdom
-
Individual
- 17 years
- 1
-
Resident of United Kingdom
-
Individual
- 17 years
-
Resident of United Kingdom
-
Individual
- 19 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Confirmation statement made on 2025-03-29 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 9 pages pdf report
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Confirmation statement made on 2024-03-29 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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