Trade Furniture Company Ltd

Trade Furniture Company Ltd, based in Batley, UK, is a small holding company with an active status, celebrating 20 years since its founding. With 12 employees and £1,901,020 in assets, it operates from a real address and is overseen by two directors and one owner. The company’s e-commerce site enjoys a stellar 5.0 Google rating based on 545 reviews, and it regularly imports furniture, lighting, and prefabricated buildings—a total of 42 months of import activity, with the latest operation occurring in November 2024.

The company’s website showcases a wide range of solid mango and sheesham wood furniture, emphasizing fair trade practices and sustainable sourcing. It caters to both residential and commercial customers, offering everything from dining sets and bedroom furniture to study desks and kitchen units. The site also highlights a commitment to customer service, offering wood and fabric samples, and providing kitchen planning advice. It’s clear that Trade Furniture Company Ltd aims to be a one-stop shop for quality, ethically-sourced wooden furniture.

Financially, the picture is a bit mixed. While current assets have decreased slightly by 11% to £1,900,000, net assets have increased by a substantial 14% to £1,400,000. Cash bank on hand has taken a significant hit, dropping 60% to £17,000. Trade debtors have also decreased by 1.7% to £1,600,000. Creditors have seen a significant reduction, falling 50% to £160,000. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the drop in cash reserves is something to keep an eye on. No auditor is mentioned, which is common for small companies, and the financial statements are unaudited.

Overall, Trade Furniture Company Ltd appears to be a stable, albeit small, business with a strong online presence and a focus on sustainable practices. The decrease in cash reserves is a potential concern, but the reduction in creditors suggests improved debt management. It’s clear that the company’s success hinges on maintaining its reputation for quality and ethical sourcing, and continuing to attract positive customer reviews.

Registered in England/Wales under the registration number 05320275, with a registered address at WF17 9NE, Batley, West Yorkshire, 18 Norquest Industrial Park, Birstall.

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