Tiger Furniture Ltd

Tiger Furniture Ltd, based in London, UK, is a small, active company founded six years ago in 2019. With just three employees and £102,762 in assets, it’s a compact operation led by three directors and a single owner. The company has a real registered address, though it’s shared by a surprising number of other businesses – 6807, to be exact – suggesting a virtual address. It boasts a perfect 5.0 Google rating based on a single review. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import activity recorded one month ago in April 2022. It operates in the wholesale of furniture, carpets and lighting equipment industries.

The company’s website is currently unavailable, so it’s difficult to assess its online presence or e-commerce activities. Without a website, it’s likely that Tiger Furniture Ltd relies on wholesale channels and direct sales to its customers.

Financially, Tiger Furniture Ltd presents a mixed picture. Current assets have decreased by 21%, falling to £100,000, while net assets have increased by 86%, reaching £2,500. Bank borrowings have increased by a significant 110%, rising to £6,700, and cash reserves have decreased by 36%, dropping to £47,000. Creditors have also decreased by 20%, falling to £67,000. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in equity, despite the decrease in cash, could be a result of better debt management or increased profitability. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit.

The company’s irregular import activity suggests it may be responding to specific market demands or sourcing unique products. While the financial data indicates some challenges, the increase in equity and decrease in creditors suggest a degree of financial stability. The company's future will depend on its ability to maintain its customer base and navigate the complexities of international trade.

Registered in England/Wales under the registration number 11974262, with a registered address at WC2H 9JQ, United Kingdom, London, Greater London, 71-75 Shelton Street.

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