Top Furniture Limited
- Small
- Active
- 19 years
- 34 employees
- £5,922,788 (assets)
- Virtual address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
- Solo founder
- E-commerce
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
Top Furniture Ltd, based in Maidstone, UK, is a small, active company founded nineteen years ago in 2005. With 34 employees and £5,922,788 in assets, it operates from a virtual address—a detail worth noting, as sixty-six other companies are registered at the same location. Two directors and two owners (though the list isn’t exhaustive) steer the company, which is a solo founder operation. It runs an e-commerce site and regularly imports and exports furniture, lighting, and prefabricated buildings.
The company’s website, salestopfurniture.co.uk, showcases a wide range of oak furniture, from dining sets to bedroom storage, emphasizing “premium quality” and “lowest prices.” It boasts showrooms in Uttoxeter and Dartford, and even offers financing options via Klarna. The site’s design is clean and professional, with a focus on visual appeal and easy navigation. The company also highlights its commitment to sustainability, planting a tree with every order and supporting the British Heart Foundation. It’s a full member of the Furniture Ombudsman too.
Financially, Top Furniture Ltd presents a mixed picture. While current assets increased by 44% to £5,900,000, net assets also rose significantly by 23% to £5,100,000. However, creditors increased by a substantial 98% to £1,900,000, and bank borrowings are up too. Cash reserves have increased by 67% to £4,800,000, which is a good sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors suggests a need to manage debt effectively. As a small company, it’s exempt from an audit, so the figures are unaudited.
It’s clear that Top Furniture Ltd is a growing business, but it’s important to monitor its debt levels and ensure it can continue to meet its financial obligations. The company’s focus on quality, customer service, and sustainability positions it well for future success, but it needs to maintain a careful balance between growth and financial stability.
Registered in England/Wales under the registration number 05578129, with a registered address at ME16 0LS, United Kingdom, 20/20 Business Park, Maidstone, Kent, Canada House, First Floor.
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
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 10 months
-
Resident of United Kingdom
-
Individual
- 19 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Confirmation statement made on 2024-09-29 with updatesDownload 4 pages pdf report
-
Appointment of Mr Neil Copeland as a director on 2024-08-15Download 2 pages pdf report
-
Total exemption full accounts made up to 2024-02-29Download 9 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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FAQ about Top Furniture Limited
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